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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 Gu Sandra's Purse Boutique uses
[The following information applies to the questions displayed below] Sandra's Purse Boutique has the following transactions related to its top-selling Gu Sandra's Purse Boutique uses a periodic inventory system. Unit Cost $ 830 Total Cost $ 4,989 Date October 1 October 4 October 10 October 13 October 20 October 28 October 30 Transactions Beginning inventory Sale Purchase Sale Purchase Sale Purchase Units 6 4 5 3 4 840 4,200 850 3,400 6 860 5,160 $17,740 Required: 1. Calculate ending inventory and cost of goods sold at October 31, using the specific ident consists of purses from beginning inventory, the October 13 sale consists of one purse from the October 10 purchase, and the October 28 sale consists of three purses from the Octob October 20 purchase [The following information applies to the questions displayed below.) Sandra's Purse Boutique has the following transactions related to its top-selling Sandra's Purse Boutique uses a periodic inventory system. Units 6 4 Unit cost $ 830 Total Cost $ 4,980 840 Date October 1 October 4 October 10 October 13 October 20 October 28 October 30 Transactions Beginning inventory Sale Purchase Sale Purchase Sale Purchase 4,200 3 4 850 3,400 860 5,160 $17,740 2. Using FIFO, calculate ending inventory and cost of goods sold at October 31 Ending inventory Cost of goods sold [The following information applies to the questions displayed below.] Sandra's Purse Boutique has the following transactions related to its top-selling Sandra's Purse Boutique uses a periodic inventory system. Units 6 Unit Cost $ 830 Total Cost $ 4,980 840 Date October 1 October 4 October 10 October 13 October 20 October 28 October BO 4 5 3 4,200 Transactions Beginning inventory Sale Purchase Sale Purchase Sale Purchase 850 3,400 6 860 5,160 $17,740 3. Using LIFO, calculate ending inventory and cost of goods sold at October 31 Ending inventory Cost of goods sold [The following information applies to the questions displayed below.) Sandra's Purse Boutique has the following transactions related to its top-selling Sandra's Purse Boutique uses a periodic inventory system. Unit Cost $ 830 Total cost $ 4,980 Date October 1 October 4 October 10 October 13 October 20 October 28 October 30 Transactions Beginning inventory Sale Purchase Sale Purchase Sale Purchase Units 6 4 5 3 840 4,200 ONA U 850 3,400 860 5,160 $17,740 4. Using weighted-average cost, calculate ending inventory and cost of goods sold at o answers to 2 decimal places.) Ending inventory Cost of goods sold
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