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 Transactions Units Unit Cost Total Cost October 1 Beginning inventory 6 $830 $ 4,980 October 4 Sale 4 October 10 Purchase 5 840 4,200 October 13 Sale 3 October 20 Purchase 4 850 3,400 October 28 Sale 7 October 30 Purchase 6 860 5,160 $17,740 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 Required information The following information applies to the questions displayed below.) Greg's Bicycle Shop has the following transactions related to its top-selling Mongoose mountain bike for the month of March. Greg's Bicycle Shop uses a periodic inventory system. Unit Cost $180 Total Cost $3,600 Dato March 1 March 5 March 9 March 17 March 22 March 27 March 30 Transactions Beginning inventory Sale ($260 each) Purchase Sale ($310 each) Purchase Sale ($335 each) Purchase 200 Units 20 15 10 8 20 12 7 2,000 210 2.100 230 1,610 $9,310 For the specific identification method, the March 5 sale consists of bikes from beginning inventory, the March 17 sale consists of bikes from the March 9 purchase, and the March 27 sale consists of four bikes from beginning inventory and eight bikes from the March 22 purchase equired: Calculate ending inventory and cost of goods sold at March 31, using the specific identification method. inding inventory ost of goods sold Required information [The following information applies to the questions displayed below.) Greg's Bicycle Shop has the following transactions related to its top-selling Mongoose mountain bike for the month of March. Greg's Bicycle Shop uses a periodic Inventory system Date Transactions Units Unit Cost March 1 Beginning inventory Total Cost 20 $180 $3,600 March 5 Sale ($260 each) 15 March 9 Purchase 10 200 2,000 March 17 Sale ($310 each) March 22 Purchase 10 210 March 27 Sale ($335 each) 2,100 12 March 30 Purchase 7 230 1.610 $9,310 8 For the specific identification method, the March 5 sale consists of bikes from beginning inventory, the March 17 sale consists of bikes from the March 9 purchase, and the March 27 sale consists of four bikes from beginning inventory and eight bikes from the March 22 purchase. 2. Using FIFO, calculate ending inventory and cost of goods sold at March 31, Ending inventory Cost of goods sold Required information [The following information applies to the questions displayed below.) Greg's Bicycle Shop has the following transactions related to its top-selling Mongoose mountain bike for the month of March Greg's Bicycle Shop uses a periodic inventory system, Date Transactions Units Unit Cost March 1 Total Cost Beginning inventory 20 $180 $3,600 March 5 Sale (5260 each) March 9 15 Purchase 10 200 2,000 March 12 Sale ($310 each) March 22 Purchase 210 March 27 Sale ($335 each) 2.100 12 March 30 Purchase 7 230 1.610 59,310 B 10 For the specific identification method, the March 5 sale consists of bikes from beginning inventory, the March 17 sale consists of bikes from the March 9 purchase, and the March 27 sale consists of four bikes from beginning inventory and eight bikes from the March 22 purchase. 3. Using LIFO, calculate ending inventory and cost of goods sold at March 31, Ending inventory Cost of goods sold