Sandra's purse boutique has the following transactions related to its top-selling Gucci purse for the month of October. Saunders purse boutique uses a periodic inventory system. Calculate ending inventory and cost of good sold as October 31 using the specific identification method. The October 4 cell consist of purses from beginning inventory, the October 13 so consist of one person from beginning inventory and to process from the October 10 purchase, in the October 28 so consist of three purses from the October 10 purchase and four purses from the October 20 purchase.

using FIFO, calculate ending inventory and cost of good sold at October 31.

using weighed average cost, calculate ending inventory and cost of good sold at October 31. Round your immediate in final answers to two decimal places.

Units Unit Cost $ 800 Total Cost $4,800 4 Date October 1 October 4 October 10 October 13 October 20 October 28 October 30 Transactions Beginning inventory Sale Purchase Sale Purchase Sale Purchase 810 4,050 3 820 3,280 4 7 6 830 4,989 $17, 110