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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 Gucc/purse for the

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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 Gucc/purse for the month of October Sandra's Purse Boutique uses a periodic inventory system. Date Transactions Unit Cost Total cost October 1 Beginning inventory $790 $ 4,740 October 4 Sale October 10 Purchase 4,000 October 13 Sale October 20 Purchase 3,240 October 28 Sale October 30 Purchase 6.560 $18,540 Units 0 4 5 3 4 7 8 800 810 820 2. Using FIFO, calculate ending inventory and cost of goods sold at October 31 Ending inventory Cost of goods sold CD

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