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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

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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) 210 units at $9 on January 1 (2) 570 units at 510 on January 8, and (3) 870 units at $11 on January 29, Assuming 1080 units are on hand at the end of the month, calculate the cost of goods available for sale, ending inventory, and cost or 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

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