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Check my wor Date Transactions. Units Unit Cost October 1 October 4 Beginning inventory 6 $770 Total Cost $ 4,620 Bale 4 October 10

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Check my wor Date Transactions. Units Unit Cost October 1 October 4 Beginning inventory 6 $770 Total Cost $ 4,620 Bale 4 October 10 October 13 October 201 October 28 October 30 Purchase 5 780 3,900 Sale 3 Purchase Sale 4 790 3,160 Purchase 7 800 5,600 $17,280 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 11,730 0 10 11 12 of 12 Next >

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