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Required information [The following information applies to the questions displayed below) Trey Monson starts a merchandising business on December 1 and enters into the following three inventory purchases. Monson uses a perpetual inventory system. Also, on December 15. Monson sells 15 units for $33 each Purchases on December 7 Purchases on December 14 Purchases on December 21 10 units @ $19,00 cost 20 units @ $25,00 cost 15 units @ $27.00 cost of the units sold, 23 are from the December 7 purchase and 15 are from the December 14 purchase. Determine the costs assigned to ending inventory when costs are assigned based on specific identification Specific Identification Goods Available for Sale Cost of Goods Sold Cost of Goods #of Cost Cost of # of units unit Available for units per unit Goods Sold Sale sold Cost per Ending Inventory # of units Cost per Ending in ending unit Inventor inventory Purchases December 7 December 14 December 21 Total Required information [The following information applies to the questions displayed below) Trey Monson starts a merchandising business on December 1 and enters into the following three inventory purchases. Monson uses a perpetual inventory system. Also, on December 15. Monson sells 15 units for $33 each Purchases on December 7 Purchases on December 14 Purchases on December 21 10 units @ $19,00 cost 20 units @ $25,00 cost 15 units @ $27.00 cost of the units sold, 23 are from the December 7 purchase and 15 are from the December 14 purchase. Determine the costs assigned to ending inventory when costs are assigned based on specific identification Specific Identification Goods Available for Sale Cost of Goods Sold Cost of Goods #of Cost Cost of # of units unit Available for units per unit Goods Sold Sale sold Cost per Ending Inventory # of units Cost per Ending in ending unit Inventor inventory Purchases December 7 December 14 December 21 Total