3 Required information Part 1 of 4 0.83 points Skipped Problem 6-1A Calculate ending inventory and cost of goods sold for four inventory methods (LO6-3) [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 October 1 October 4 October 10 October 13 October 20 Transactions Beginning inventory Units Unit Cost Total Cost 6 $ 810 $ 4,860 Sale 4 Purchase 5 820 4,100 eBook October 28 October 30 Sale Purchase Sale 3 4 830 3,320 7 Purchase 7 840 5,880 $18,160 Print References Problem 6-1A Part 1 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 Cost of goods sold 4 ! Part 2 of 4 0.83 points Required information Problem 6-1A Calculate ending inventory and cost of goods sold for four inventory methods (LO6-3) [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 Units Unit Cost Total Cost eBook October 1 October 4 October 10 October 13 Beginning inventory 6 $ 810 $ 4,860 Sale 4 Purchase 5 820 4,100 Sale 3 October 20 October 28 Purchase Sale 4 830 3,320 7 Print October 30 Purchase 7 840 5,880 $18,160 References Problem 6-1A Part 2 2. Using FIFO, calculate ending inventory and cost of goods sold at October 31. Ending inventory Cost of goods sold 5 Part 3 of 4 0.83 points ! Required information Problem 6-1A Calculate ending inventory and cost of goods sold for four inventory methods (LO6-3) [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 October 1 Beginning inventory Units 6 Unit Cost $810 Total Cost $ 4,860 October 4 eBook Print October 10 October 13 October 20 October 28 October 30 Sale Purchase Sale Purchase Sale 4 5 820 4,100 3 4 830 3,320 7 Purchase 7 840 5,880 $18,160 References Problem 6-1A Part 3 3. Using LIFO, calculate ending inventory and cost of goods sold at October 31. Ending inventory Cost of goods sold 6 ! Required information Part 4 of 4 0.83 points Problem 6-1A Calculate ending inventory and cost of goods sold for four inventory methods (LO6-3) [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 Units Unit Cost Total Cost eBook October 1 October 4 October 10 Beginning inventory 6 $ 810 $ 4,860 Sale 4 Purchase 5 820 4,100 October 13 Sale 3 October 20 October 28 Purchase Sale 4 830 3,320 7 Print October 30 Purchase 7 840 5,880 $18,160 References Problem 6-1A Part 4 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