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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 Unit $760 Total Cost Date Transactions Units inning inventory Sale 4,560 October Purchase Sale Purchase 770 October 10 3,850 October 13 3 78C October 20 3,120 4 Purchase 790 30 6,320 $17,850 References Section Break Problem 6-1A Calculate ending inventory and cost of goods sold for four inventory methods (LO6-3) value: 0.75 points Problem 6-1A Part 2 2. Using FIFO, calculate ending inventory and cost of goods sold at October 31. Ending inventory Cost of goods sold 3. Using LIFO, calculate ending inventory and cost of goods sold at October 31 Ending inventory Cost of goods sold October 31. (Do not round intermediate calculations. Round your final answers to 2 decimal places.) 4. Using weighted-average cost, calculate ending inventory and cost of goods sold Ending inventory Cost of goods sold
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