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5 Required information The following information applies to the questions displayed below.] Part 1 of 3 In its first month of operations, Literacy for the

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5 Required information The following information applies to the questions displayed below.] Part 1 of 3 In its first month of operations, Literacy for the Iliterate opened a new bookstore and bought merchandise in the following order: (1) 150 units at $7 on January 1, (2) 590 units at $8 on January 8, and (3) 890 units at $10 on January 29. 10 points 00:48-52Assume Assume 1,110 units are on hand at the end of the month, calculate the cost of goods available for sale, ending inventory, and cost of goods sold under FIFO. Assume a periodic inventory system is used. (Round "Cost per Unit" to 2 decimal places.) Print FIFO Cost of Goods Available for Sale References Ending Inventory Cost of Goods Sold

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