Question: Check my work mode : This shows what is correct or incorrect for the work you 8 In its first month of operations, Literacy for

 Check my work mode : This shows what is correct or

Check my work mode : This shows what is correct or incorrect for the work you 8 In its first month of operations, Literacy for the Illiterate opened a new bookstore and bought merchandise in the following order: (1) 400 units at $7 on January 1, (2) 600 units at $10 on January 8, and (3) 930 units at $11 on January 29. Assume 1,130 units are on hand at the end of the month. 11.11 points Calculate the cost of goods available for sale, cost of goods sold, and ending inventory under the (a) FIFO, (b) LIFO, and (c) weighted average cost flow assumptions. Assume perpetual inventory system and sold 800 units between January 9 and January 28. (Round your intermediate calculations to 2 decimal places.) Answer is complete but not entirely correct. Weighted FIFO LIFO Average Cost Goods Available for $ 19,030 Sale $ 19,030 $ 19,030 Cost of Goods Sold 8,800 x 9,270 9,900 Ending Inventory $ 6,280 $ 7,560 $ 11,630

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