Sovod Help Save Required information Middle Tennessee Company starts a merchandising business on December 1 and enters into the following three inventory purchases. Also, on December 15, Middle Tennessee Company sells 18 units for $10 each Purchases on December 7 Purchases on December 14 Purchases on December 21 units 54,00 cost 26 units $6.00 cost 18 units $7.00 cost Required: Middle Tennessee Company sells 18 units for $10 each on December 15 Middle Tennessee Company uses a perpetual inventory system and the LIFO method Complete the ble below to determine the costs assigned to the December 31 ending inventory and December cost of goods sold Perpetual LIFO: Goof Goods Sold Goodschand Cost of Goods Available for Sale ol Dato Cost per Motory Bilance Contpor hivator outs of units sold Cooper Cost of Goods unir Sold December December 14 Help Required: Middle Tennessee Company sells 18 units for $10 each on December 15. Middle Tennessee Company uses a perpetual invente system and the LIFO method. Complete the table below to determine the costs assigned to the December 31 ending inventory December cost of goods sold Perpetual LIFO: Cost of Goods Sold ventory Baling Goods purchased Cost of Goods unit Available for Sale Date #of Cost per #of units units sold Cost per Cost of Goods unit Sold of units Cost per Inventory Balance December 7 December 14 December 15 December 21 Totals 13 earch @