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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 Gucci purse for the month

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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 Gucci purse for the month of October. Sandra's Purse Boutique uses a periodic inventory system Date Transactions Units Unit Cost Total Cost October 1 Beginning inventory 6 $700 $ 4,200 October 4 Sale October le Purchase 710 3,550 October 13 Sale October ze Purchase 2,880 October 28 Sale October 30 Purchase 730 5,840 $16,470 4 5 3 4 7 8 728 3. Using LIFO. calculate ending Inventory and cost of goods sold at October 31 Ending inventory Cost of goods sold $ 10,140

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