In its first month of operations, Literacy for the Illiterate opened a new bookstore and bought merchandise in the following order: (1) 260 units at $9 on January 1, (2) 520 units at $10 on January 8, and (3) 820 units at $11 on January 29. Assuming 1,000 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 weighted average cost flow assumptions. Assume a periodic inventory system is used. (Round "Cost per Unit" to 2 decimal places.)

In its first month of operations, Literacy for the llliterate opened a new bookstore and bought merchandise in the following order: (1) 260 units at $9 on January 1, (2) 520 units at $10 on January 8 , and (3) 820 units at $11 on January 29. Assuming 1,000 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 weighted average cost flow assumptions. Assume a periodic inventory system is used. (Round "Cost per Unit" to 2 decimal places.)