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17 Required information The following information applies to the questions displayed below) Sandra's Purse Boutique has the following transactions related to its top-selling Gucci purse
17 Required information The following information applies to the questions displayed below) Sandra's Purse Boutique has the following transactions related to its top-selling Gucci purse for the month of October Sandra's Purse Boutique uses a periodic inventory system. 01 Date October 1 Beginning inventory 3790 October ale 4 October 10 Purchase 4,000 October 13 3 October 2 Purchase 3.248 October 20 Sale October 30 820 4,560 P Required: 1. Calculate ending inventory and cost of goods sold at October 31, using the specific identification method. The October 4 sale consists of purses from beginning inventory, the October 13 sale consists of one purse from beginning inventory and two purses from the October 10 purchase, and the October 28 sale consists of three purses from the October 10 purchase and four purses from the October 20 purchase Ending inventory Coal of goods sold 7,170 12.310 Save & Exit Subt Check my work Return to question Honor code Brainly 17 Part 1 of 4 Required information (The following information applies to the questions displayed below) Sandra's Purse Boutique has the following transactions related to its top-selling Gucci purse for the month of October Sandra's Purse Boutique uses a periodic inventory system. 01 points Mr Date October 1 Transactions Units Unit Cost Beginning inventory Total Co $790 $4,740 October 4 Sale October 10 Purchase NOO 4,000 October 13 October 20 Sale October 28 October 30 Purchase Sale Purchase 10 3,240 120 6,560 $18.540 Required: 1. Calculate ending inventory and cost of goods sold at October 31, using the specific identification method. The October 4 sale consists of purses from beginning inventory, the October 13 sale consists of one purse from beginning inventory and two purses from the October 10 purchase, and the October 28 sale consists of three purses from the October 10 purchase and four purses from the October 20 purchase. Answer is complete but not entirely correct. Ending inventory $ 7,170 Cost of goods sold 12.310 ur help. points 37,600 8858 18 Required information Part 2 of 4 The following information applies to the questions displayed below) 01 points 01 Check my work hers Honor code Brainly Aco Sandra's Purse Boutique has the following transactions related to its top-selling Gucci purse for the month of October Sandra's Purse Boutique uses a periodic inventory system October 1 Beginning investory 4,740 October 4 4 October 10 Purchase 800 4,000 October 13 October 20 October 2 October 30 Purchase Sale Purchase 3 4 3,240 6.360 318,5401 2. Using FIFO, calculate ending inventory and cost of goods sold at October 31. Ending inventory Cost of goods sold ir help boints 37,600 00 00 880 19 Part 3 of 4 Required information Check my work hers Honor code [The following information applies to the questions displayed below) Sandra's Purse Boutique has the following transactions related to its top-selling Gucci purse for the month of October Sandra's Purse Boutique uses a periodic inventory system 01 points Date Transactions October 1 October 4 October 10 Beginning inventory Units Unit Cost 6 Total Cos 5790 $ 4,740 Sale October 13 Book Print 01 October 20 October 28 October 30 Purchase Sale Purchase Sale 5 4,000 4 10 3,240 Purchase 820 6,560 $18,540 References 3. Using LIFO, calculate ending inventory and cost of goods sold at October 31. Ending inventory Cost of goods sold ur help points 07,600 00 886 00 20 Part 4 of 4 0.1 points Help Save & Exit Submi Check my work hers Honor code Brainly Required information [The following information applies to the questions displayed below) Sandra's Purse Boutique has the following transactions related to its top-selling Gucci purse for the month of October Sandra's Purse Boutique uses a periodic inventory system. Date Transactions Unita Unit Cost October 1 October 4 Beginning inventory 6 $790 Total Cost $4,740 Sale 4 October 10 October 13 Purchase 5 800 4,000 Sale 3 eBook October 20 October 28 October 30 Purchase 4 3,240 Sale Purchase 820 6,560 $18,540 Print References 4. Using weighted-average cost, calculate ending inventory and cost of goods sold at October 31. (Round your intermediate and final answers to 2 decimal places.) Ending inventory Cost of goods sold ur help Boints 37,600 88 00
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