t mt 3 ences ! Required information Use the following information for the Quick Study below. (Algo) (15-18) [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 periodic inventory system. Also, on December 15, Monson sells 29 units for $45 each. Purchases on December 7 Purchases on December 14 Purchases on December 21 19 units @ $18.00 cost 35 units @ $27.00 cost 29 units @ $32.00 cost QS 6-18A (Algo) Periodic: Inventory costing with specific identification LO P3 Of the units sold, 15 are from the December 7 purchase and 14 are from the December 14 purchase. Determine the costs assigned to ending inventory when costs are assigned based on specific identification.

Required information Use the following information for the Quick Study below. (Algo) (15-18) [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 periodic inventory system. Also, on December 15 , Monson sells 29 units for $45 each. Purchases on December 7 Purchases on December 14 Purchases on December 21 19 units @ $18.00 cost 35 units a $27.00 cost 29 units @ $32.00 cost QS 6-18A (Algo) Periodic: Inventory costing with specific identification LO P3 Of the units sold, 15 are from the December 7 purchase and 14 are from the December 14 purchase. Determine the costs assigned to ending inventory when costs are assigned based on specific identification. QS 6-18A (Algo) Periodic: Inventory costing with specific identification LO P3 Of the units sold, 15 are from the December 7 purchase and 14 are from the December 14 purchase. Determine the costs assigne ending inventory when costs are assigned based on specific identification. Required information Use the following information for the Quick Study below. (Algo) (15-18) [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 periodic inventory system. Also, on December 15 , Monson sells 29 units for $45 each. Purchases on December 7 Purchases on December 14 Purchases on December 21 19 units @ $18.00 cost 35 units a $27.00 cost 29 units @ $32.00 cost QS 6-18A (Algo) Periodic: Inventory costing with specific identification LO P3 Of the units sold, 15 are from the December 7 purchase and 14 are from the December 14 purchase. Determine the costs assigned to ending inventory when costs are assigned based on specific identification. QS 6-18A (Algo) Periodic: Inventory costing with specific identification LO P3 Of the units sold, 15 are from the December 7 purchase and 14 are from the December 14 purchase. Determine the costs assigne ending inventory when costs are assigned based on specific identification