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Required information of 4 [The following information applies to the questions displayed below] Sandra's Purse Boutique has the following transactions related to its top-selling
Required information of 4 [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 October 4 Sale ook sh October 10. October 13 October 20 October 281 Purchase Sale Purchase Sale Units Unit Cost Total Cost 6 $710 $ 4,260 4 5 720 3,600 3 4 730 2,920 7 Wint October 30 princes Purchase 7 740 5,180 $15,960 3. Using LIFO, calculate ending inventory and cost of goods sold at October 31. Ending inventory Cost of goods sold
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