Required information M7-11 to 13 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) [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) 150 units at $5 on January 1 (2) 460 units at $6 on January 8, and (3) 760 units at $8 on January 29 M7-11 Calculating cost of Goods Available for Sale, Cost of Goods Sold, and Ending Inventory under Periodic FIFO [LO 7-3) Assume 915 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 VOU ITU, LIFO, and Weighted Average Cost [LO 7-3) [The following information applies to the questions displayed below) In its first month of operations, Literacy for the Illiterate opened a new bookstore and bought merchandise in the following order. (1) 150 units at $5 on January 1 (2) 460 units at $6 on January 8, and (3) 760 units at $8 on January 29 M7-12 Calculating cost of Goods Available for Sale, Cost of Goods Sold, and Ending Inventory under Periodic LIFO [LO 7-3) Assume 915 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 the 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 under Periodic FIFO, LIFO, and Weighted Average Cost (LO 7-3] [The following information applies to the questions displayed below) In its first month of operations, Literacy for the illiterate opened a new bookstore and bought merchandise in the following order. (1) 150 units at $5 on January 1 (2) 460 units at $6 on January 8, and (3) 760 units at $8 on January 29 M7-13 Calculating Cost of Goods Available for Sale, Cost of Goods Sold, and Ending Inventory under Periodic Weighted Average Cost (LO 7-3) Assume 915 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 the weighted average cost flow assumptions. Assume a periodic inventory system is used (Round "Cost per Unit" to 2 decimal places.) Weighted Average Cost Cost of Goods Available for Sale Ending Inventory Cost of Goods Sold