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M$7-11$ to $13($Algo$)$ Calculating Cost of Goods Available for Sale, Cost of Goods Sold, and Ending Inventory under Periodic FIFO, LIFO, and Weighted Average Cost $[$LO $7-3]$

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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 $$10$ on January $1,(2)580$ units at $$11$ on January $8,$ and $(3)880$ units at $$12$ on January $29.$

M$7-11($Algo$)$ Calculating Cost of Goods Available for Sale, Cost of Goods Sold, and Ending Inventory under Periodic FIFO $[$LO $7-3]$

Assuming $1,090$ 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.$)$