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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 $39 each.

[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 \$39 each. Required: Determine the costs assigned to the December 31 ending inventory based on the FIFO method 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 \$39 each. etermine the costs assigned to ending inventory when costs are assigned based on the LIFO method. 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 $39 each. etermine the costs assigned to ending inventory when costs are assigned based on the weighted average method lote: Round your per unit costs to 2 decimal places

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