Question: Repeat M7-8, except assume Literacy for the Illiterate uses a perpetual inventory system and it sold 600 units between January 9 and January 28. Refer

Repeat M7-8, except assume Literacy for the Illiterate uses a perpetual inventory system and it sold 600 units between January 9 and January 28.
Refer M7-8
In its first month of operations, Literacy for the Illiterate opened a new bookstore and bought merchandise in the following order: (1) 300 units at $ 7 on January 1, (2) 450 units at $ 8 on January 8, and (3) 750 units at $ 9 on January 29. Assuming 900 units are on hand at the end of the month, calculate the cost of goods available for sale, , 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.

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