Excel McGraw Hill Excel Question Saved Search (Option + Q) File Home Insert Draw Formulas Data Review: View Help Calibri 11 B E& General v A1 X fx Accessibility tab summary: The financial operations of a new bookstore are presented in row 2 to 7. A statemen A B C D E F G H 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. 1 2 3 4 S 6 Number of units 7 Amount per unit 8 9 Required: 10 11 used. 12 13 January 1 January 8 January 29 300 $7 450 $8 750 $9 sale, ending inventory, and cost of goods sold under FIFO. Assume a periodic inventory system is 14 Cost of Goods Available for Sale 15 Ending Inventory 16 Cost of Goods Sold 17 18 FIFO 900