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! Required information [The following information applies to the questions displayed below.] Alexandra's Boutique has the following transactions related to its top-selling Gucci purse for
! Required information [The following information applies to the questions displayed below.] Alexandra's Boutique has the following transactions related to its top-selling Gucci purse for the month of October. Alexandra's Boutique uses a periodic inventory system. Date Transactions October 1 Beginning inventory October 4 Sale Purchase Sale Purchase Sale October 10 October 13 October 20 October 28 October 30 Purchase Units Unit Cost $780 Ending inventory Cost of goods sold 64 6 3476 790 800 810 Total Cost $4,680 3,950 3,200 4,860 $16,690 2. Using FIFO, calculate ending inventory and cost of goods sold at October 31.
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