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(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

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(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 Also on December 5, Monson sells S unsfor $20eac 10 units o $ 6.00 cos Purchases on December 14 Purchases on December 21 20 units 0 $12.00 cost 15 unts o $14.00 cos (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 Also on December 5, Monson sells S unsfor $20eac 10 units o $ 6.00 cos Purchases on December 14 Purchases on December 21 20 units 0 $12.00 cost 15 unts o $14.00 cos

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