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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, Units Unit Cost $ 740 Total Cost $ 4,440 Date October 1 October 4 October 10 October 13 October 20 October 28 October 30 Transactions Beginning inventory Sale Purchase Sale Purchase Sale Purchase 750 3,750 760 3,048 5,390 516,620 3. Using LIFO. calculate ending Inventory and cost of goods sold at October 31. Ending inventory Cost of goods sold 5 10.470

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