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Save ! Required Information [ The following information applles to the questions displayed below. ] Trey Monson starts a merchandising business on December 1 and

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Trey Monson starts a merchandising business on December 1 and enters into the following three inventory purchases. Monson uses a perlodic Inventory system. Also, on December 15, Monson sells 15 units for $20 each.
\table[[Purchases on December 7,10 units $6 cost],[Purchases on December 14,20 units $12 cost],[Purchases on December 21,15 units @ $14 cost]]
Of the units sold, elght are from the December 7 purchase and seven are from the December 14 purchase. Determine the costs assigned to ending inventory when costs are assigned based on specific identification.
\table[[\table[[Specific Identification]],Ending Inventory,],[,# of units,\table[[Costper],[unit]],\table[[Cost of Goods],[Available for],[Sale]],\table[[,\table[[Cost],[Perunit]],\table[[Cost of],[Goods Sold]],\table[[# of units],[in ending],[inventory]],\table[[Cost per],[unit]],\table[[Ending],[Inventory]],,,,],[Purchases:,,,,,,,,,],[December 7,,,,,,,,,],[December 14,,,,,,,,,],[December 21,,,,,,,,,],[Tolal,,,,,,,,,]],,,,,]]
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