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Required information Use the following information for the Quick Study below. (Algo)(15-18) ...

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Accounting

Required information
Use the following information for the Quick Study below. (Algo)(15-18)
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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. Monson uses a perpetual inventory system. Also, on December 15, Monson sells 15 units for $56 each.
Purchases on December 710 units @ $42.00 costPurchases on December 1420 units @ $48.00 costPurchases on December 2115 units @ $50.00 cost
QS 5-15A (Algo) Perpetual: Assigning costs with FIFO LO P3
Required:
Determine the costs assigned to the December 31 ending inventory based on the FIFO method.
Note: You must enter your answers in the date order provided in the question.
put it in a table format like below
image

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