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Required information [The foliowing information applies to the questions displayed below ] In its first monts of operations. Leefacy toe the aiterate opered a new bookstote and bougit merchandise of tho failiowne ofder (1) 260 unis of 57 on Jamuety 1 (2) 470 unts ot 58 an Jacuey b. and (3) 770 units at $9 an January 29 Astuming 950 units are on hand at the ond of the monit, calculate the cost of goods avedable for iale, andmg inwentory, and cost of goods sold under LIFO Assuene a periodic inwennory system is used (Round "Cost per Unit" to 2 decimal pleces) Alequired information [the fonowing information apolies to the questions dingined thelowe] in its farst month of operotors. I ae acy for Mwe miterate opened anew booksore and bought marchandise in the following order (1) 260 uncs at $7 on Jandary 1 (2) 480 units at 48 on Jarwary 8 acd ip 770 units at 19 on jenuaty 20 Assuming 950 unis are on hand of the end of the marea, calculate the cost of goods auniabie for sine, ending inventaky and cast of. decimel places.)