Use the following information for the Quick Study below. (Algo) (11-14) 2 [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 $30 each. 015128 Purchases on December 7 Purchases on December 14 Purchases on December 21 10 units 20 units 15 units $16.00 cost $22.00 cost $24.00 cost QS 6-14 (Algo) Perpetual: Inventory costing with specific identification LO P1 Of the units sold, 20 are from the December 7 purchase and 15 are from the December 14 purchase. Determine the costs assigned to ending inventory when costs are assigned based on specific identification Purchases December 7 December 14 December 21 Total Specific Identification Goods Available for Sale, Cost of Goods Sold Ending Inventory # of units Cost per unit Cost of Goods # of # of units Cost Available for units Cost of per unit Goods Sold in ending unit Cost per Ending Inventory Sale sold Inventory