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Required information [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
Required information [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 October 1 Transactions. Beginning inventory 6 Unita Unit Cost $760 Total Cost $ 4,560 October 4 Sale October 10. October 13 October 20 Purchase 5 770 3,850 Sale October 28. Purchase Sale 780 3,120 October 30. Purchase 790 6,320 $17,850 4. Using weighted-average cost, calculate ending inventory and cost of goods sold at October 31. (Round your intermediate and final answers to 2 decimal places.) Ending inventory Cost of goods sold
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