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ces Required information [The following information applies to the questions displayed below.] Sara's Boutique has the following transactions related to its top-selling Gucci purse for
ces Required information [The following information applies to the questions displayed below.] Sara's Boutique has the following transactions related to its top-selling Gucci purse for the month of October. Unit Cost $ 840 Date October 1 October 4 October 10 October 13 October 20 October 28 October 30 Transactions Beginning inventory Sale Purchase Sale Purchase Sale Purchase Ending inventory Cost of goods sold " Units 6 4 5 3 4 7 7 850 860 870 Total Cost $ 5,040 4,250 3,440 6,090 $ 18,820 2. Using FIFO, calculate ending inventory and cost of goods sold at October 31.
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