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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. Unit Cost $ 800 Total Cost $ 4,800 810 4,050 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 6 4 5 3 4 7 6 820 3,280 830 4,980 $17,110 2. Using FIFO, calculate ending inventory and cost of goods sold at October 31. Answer is complete but not entirely correct. Ending inventory $ 5,610 X Cost of goods $ sold 11,500 x Return to question 4. 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. art 4 of 4 Unit Cost $ 800 Total Cost $ 4,800 -9 nts 810 Units 6 4 5 3 4 7 Date October 1 October 4 October 10 October 13 October 20 October 28 October 30 4,050 Transactions Beginning inventory Sale Purchase Sale Purchase Sale Purchase 820 3,280 6 830 4,980 $17,110 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.) Answer is complete but not entirely correct. $ 11,406.61 % Ending inventory Cost of goods sold $ 5,703.37 X
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