Trey Monson starts a merchandising business on December 1 and enters into the following three inventory purchases. Also, on December 15, Monson sells 23 units for $30 each.

Purchases on December 713 units @ $12.00 cost

Purchases on December 1430 units @ $18.00 cost

Purchases on December 2123 units @ $22.00 cost

Required information Trey Monson starts a merchandising business on December 1 and enters Into the following three Inventory purchases. Also. on December 15. Monson sells 23 units for $30 each. Furchmass on December Furchina on December 14 15 units ( $12.02 coat Furchandi on December 21 15 undta # $15.02 coat 13 unit: # $12.00 coat Required: Monson sells 23 units for $30 each on December 15. Monson uses a perpetual inventory system. Determine the costs assigned to the December 31 ending Inventory when costs are assigned based on LIFQ. emp:mul LIFO Goods purchased Cost of Goods Sold Inventory Balance Cool par Cost of Goods ailable for Cost per Cost of Goods Cost per Inventory unit Sold of unks Balance 0.00 0 00 0. DO December 21 Totals