Question: 2 Use the following information for the Quick Study below. Tre Also, on December 15, Monson sells 30 units for $35 each. 20 units $14.00
2 Use the following information for the Quick Study below. Tre Also, on December 15, Monson sells 30 units for $35 each. 20 units $14.00 cost 36 units $21.00 cost 30 units $25.0e cost Purchases on December 14 10 points Qs 6-10 Perpetual: Assigning costs with FIFO LO P1 Required Monson uses a perpetual inventory system. Determine the costs assigned to the December 31 ending inventory based on the FIFO method. FIFO: s of Units a of UnitsUnit Of Units Cost Per Inven Unit Sold s 280 00 S 14.00S 280.00 21.00756.00 14 3 21.00 $756 00 21 @| $ 25: =|$.75000
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