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[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

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[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. Transactions Beginning inventory Units Cost per Unit $780 Total Cost $ 4,680 Sale 790 3,950 Date October 1 October 4 October 10 October 13 October 20 October 28 October 30 Purchase Sale Purchase Sale Purchase 800 3,200 4,860 $16,690 1. value 10.00 points Required Information Required: 1. Calculate ending inventory and cost of goods sold at October 31, using the specific identification method. The October 4 sale consists of purses from beginning inventory, the October 13 sale consists of one purse from beginning inventory and two purses from the October 10 purchase, and the October 28 sale consists of three purses from the October 10 purchase and four purses from the October 20 purchase. Ending inventory Cost of goods sold Note 2. Using FIFO, calculate ending inventory and cost of goods sold at October 31. Ending inventory Cost of goods sold References eBook & Resources Worksheet Difficulty: 3 Hard Learning Objective: 06-03 Determine the cost sold and ending inventory using different inven Most methods Check my work value 10.00 points 3. Using LIFO, calculate ending inventory and cost of goods sold at October 31. Ending inventory Cost of goods sold 4. Using weighted-average cost, calculate ending inventory and cost of goods sold at October 31. (Do not round intermediat calculations. Round your final answers to 2 decimal places.) Ending inventory Cost of goods sold

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