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question i need help value 0 57 points m7 8 calculating cost of goods available for 4284015

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value 0.57 points M7-8 Calculating Cost of Goods Available for Sale, Cost of Goods Sold, and Ending Inventory under Periodic In its first month of operations, Literacy for the Iliterate opened a new bookstore and bought merchandise in the following order: (1)210 units at 59 on January 1, (2) 570 units at $10 on January 8, and (3) 870 units at $11 on January 29 Assume 1,080 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 (a) FIFO (b) LIFO, and (c) weighted average cost flow assumptions. Assume a periodic inventory system is used (Round “Cost per Unit to 2 decimal places.) Weight FIFO IFOAverage Cost Cost ot Goods Available for Sale17,160 S 17.160 $ 17 160 Ending Inventory Cost of Goods Sold References eBook & Resources

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