Question: How can I solve this FIFO table? Req uired information Uhe following information applies to the questions displayed below.] In its first month of operations,

How can I solve this FIFO table?

How can I solve this FIFO table? Req uired information Uhe following

Req uired information Uhe following information applies to the questions displayed below.] In its first month of operations, Literacy for the Illiterate opened a new bookstore and bought merchandise in the following order: (1)240 units at $10 on January 1, (2) 480 units at $11 on January 8, and (3) 780 units at $12 on January 29. Assume 950 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 FIFO. Assume a periodic inventory system is used. (Round "Cost per Unit" to 2 decimal places.) Cost of Goods Available for Sale Ending Inventory Cost of Goods Sold

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