2 Required information Trey Monson starts a merchandising business on December 1 and enters into...
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2 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 28 units for $45 each, Part 1 of 2 Porchases on December Purchases on December 14 Purchases on December 21 18 units $18.00 coat 32 unite 327.00 cost 20 units $32.00 cost 10 points Skipped Required: Monson uses a perpetual inventory system Determine the costs assigned to the December 31 ending Inventory based on the FIFO method Perpetual FIFO Goods Purchased Cost Par Goods Unit Purchased of Data Cost of Goods Sold of Units Cost Per Cost of Sold Unit Goods Sold Inteny Balance W or Units Cost Par Inventory Balance Units Un December December 14 December 15 December 21 Totale
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