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In its first month of operations, Literacy for the iliterate opened a new bookstore and bought merchandise in the following order: (1) 340 units at

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In its first month of operations, Literacy for the iliterate opened a new bookstore and bought merchandise in the following order: (1) 340 units at $9 on January 1, (2) 630 units at $10 on January 8, and (3) 930 units at $12 on January 29. Assuming 1,170 units are on hand at the end of the month, calculate the cost of goods avallable 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.) In its first month of operations, Literacy for the Illiterate opened a new bookstore and bought merchandise in the following order: (1) 340 units at $9 on January 1, (2) 630 units at $10 on January 8, and (3) 930 units at $12 on January 29. Assuming 1,170 units are on hand at the end of the month, calculate the cost of goods avallable for sale, ending inventory, and cost of joods sold under LIFO. Assume a periodic inventory system is used. (Round "Cost per Unit" to 2 decimal places.) In its first month of operations, Literacy for the Illiterate opened a new bookstore and bought merchandise in the following order: (1) 340 units at $9 on January 1. (2) 630 units at $10 on January 8, and (3) 930 units at $12 on January 29. Assuming 1,170 units are on hand at the end of the month, calculate the cost of goods available for sale, ending inventory, and cost o goods sold under weighted average cost flow assumptions. Assume a periodic inventory system is used. (Round "Cost per Unit" to : decimal places.)

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