please ecplain in detail.

Required information [The following information applies to the questions displayed below.) In its first month of operations. Literacy for the literate opened a new bookstore and bought merchandise in the following order: (1) 320 units at $6 on January 1. (2) 540 units at $7 on January 8, and (3) 840 units at $9 on January 29, Assuming 1.035 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.) FIFO Cost of Goods Available for Sale Ending Inventory Cost of Goods Sold Required information [The following information applies to the questions displayed below.) In its first month of operations, Literacy for the literate opened a new bookstore and bought merchandise in the following order: (1) 320 units at $6 on January 1, 2)540 units at $7 on January 8, and (3) 840 units at $9 on January 29. Assuming 1035 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 LIFO. Assume a periodic inventory system is used. (Round "Cost per Unit" to 2 decimal places.) LIFO Cost of Goods Available for Sale Ending Inventory Cost of Goods Sold Required information The following information applles to the questions displayed below.) In its first month of operations. Literacy for the literate opened a new bookstore and bought merchandise in the following order: (1) 320 units at $6 on January 1. (2)540 units at $7 on January 8, and (3) 840 units at $9 on January 29. Assuming 1035 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.) Weighted Average Cost 5 Cost of Goods Avalable for Sale Ending Inventory Cost of Goods Sold