Question: need missing blanks with blue around them Required Information Use the following information for the Quick Study below. (Algo) (11-14) [The following information applles to

need missing blanks with blue around them Required Information Use the following

need missing blanks with blue around them

Required Information Use the following information for the Quick Study below. (Algo) (11-14) [The following information applles 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 unlts for $25 each. QS 5-14 (Algo) Perpetual: Inventory costing with specific identification LO P1 Of the units sold, 8 are from the December 7 purchase and 7 are from the December 14 purchase. Determine the costs assigned to ending Inventory when costs are assigned based on specific identlfication

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