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. Sara's Boutique uses a periodic inventory system. Date October 1 October 4 Transactions Beginning inventory Sale October 10 Purchase October 13 Sale October 20 October 28 Purchase Sale October 30 Purchase Units 6453477 Unit Cost $870 Total Cost $5,220 880 4,400 890 3,560 900 6,300 $19,480 2. Using FIFO, calculate ending inventory and cost of goods sold at October 31. Ending inventory Cost of goods sold 13 ! 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. Sara's Boutique uses a periodic inventory system. Date October 1 Transactions Beginning inventory October 4 Sale October 10 Purchase October 13 October 20 Sale Purchase October 28 Sale October 30 Purchase 16453477 Units Unit Cost $870 Total Cost $5,220 880 4,400 890 3,560 900 6,300 $19,480 3. Using LIFO, calculate ending inventory and cost of goods sold at October 31. Ending inventory Cost of goods sold ! 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. Sara's Boutique uses a periodic inventory system. Date October 1 October 4 October 10 October 13 October 20 October 28 October 30 Transactions Beginning inventory Sale Purchase Sale Purchase Sale Purchase Units 645347N Unit Cost $870 Total Cost $5,220 880 4,400 890 3,560 900 6,300 $19,480 4. Using weighted-average cost, calculate ending inventory and cost of goods sold at October 31. (Round your intermediate calculations to 4 decimal places and final answers to 2 decimal places.) Ending inventory Cost of goods sold