05 6-10 ?returne': https%3A%2F%2F sapaamweb%2F registrations.. Homework Help Seve & E Required information Use the following information for the Quick Study below. Trey Monson starts a merchandising business on December 1 and enters into the following three inventory purchases Also, on December 15, Monson sells 29 units for $45 each Purchases on Dec 9 units$18.09 cost 35 units $27.08 cost 29 units 332.60 cost Purchases on Decesber 23 QS 5-10 Perpetual: Assigning costs with FIFO LO P eferencesRequired: Monson uses a perpetual inventory system. Determine the costs assigned to the December 31 ending inventory based on the FIFO method Perpetual EO of Date Cost Per Cost of Goods! Cost Per Inventory #ofUnlts