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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
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. Cost per Date October 1 Transactions Beginning inventory Units Unit Total Cost 6 $880 $5,280 October 4 Sale 4 October 10 Purchase 5 890 4,450 October 13 Sale 3 October 20 Purchase 4 900 3,600 October 28 October 30 Sale 7 Purchase 8 910 7,280 $20,610 4. Using weighted-average cost, calculate ending inventory and cost of goods sold at October 31. (Do not round Intermediate calculations. Round your final answers to 2 decimal places.) Answer is complete but not entirely correct. Ending inventory $ 8,056.000 Cost of goods sold $ 12,545.00 8 el-12 Next
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