Required information [The following information applies to the questions displayed below.] In its first month of operations, Literacy for the lliterate opened a new bookstore and bought merchandise in the following order (1) 400 units at $7 on January 1, (2) 550 units at $8 on January 8 , and (3) 850 units at $9 on January 29. ssuming 1,060 units are on hand at the end of the month, calculate the cost of goods available for sale, ending inventory, and cost of oods sold under LIFO. Assume a periodic inventory system is used. (Round "Cost per Unit" to 2 decimal places.) Required information [The following information applies to the questions displayed below.] In its first month of operations, Literacy for the Iiliterate opened a new bookstore and bought merchandise in the following order: (1) 400 units at $7 on January 1, (2) 550 units at $8 on January 8 , and (3) 850 units at $9 on January 29. Assuming 1,060 units are on hand at the end of the month, calculate the cost of goods avaliable for sale, ending inventory, and cost of oods sold under weighted averoge cost flow assumptions. Assume a periodic inventory system is used. (Round "Cost per Unit" to 2 (ecimal places.)