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) 150 units at 7 on January 1, (2) 560 units at $8 on January 8, and (3) 860 units at $10 on January 29, Assume 1065 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: (1 150 units at $7 on January 1, 12) 560 units at $8 on January 8, and (3) 860 units at $10 on January 29, Assume 1065 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 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) 150 units at $7 on January 1, (2) 560 units at $8 on January 8, and (3) 860 units at $10 on January 29, Assume 1065 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 Coat of Goods Available for Sale Ending Inventory Cost of Goods Sold