Question: I need this FIFO table corrected Required information [The following information applies to the questions displayed below.] Trey Monson starts a merchandising business on December

I need this FIFO table corrected Required information [The following information

I need this FIFO table corrected applies to the questions displayed below.] Trey Monson starts a merchandising business

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 $40 each. Purchases on Decenber 710 units e $26,00 cost Purchases on Decenber 1420 units $32.00 cost Purchases on Decenber 2115 units e $34,00 cost Required: Determine the costs assigned to the December 31 ending inventory based on the FIFO method

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