webapps%252Fportar%25 Saved Required information [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. Unit Cost $ 900 Date October 1 October 4 October 10 October 13 October 20 October 28 October 30 Total Cost $ 5,400 Transactions Beginning inventory Sale Purchase Sale Purchase Sale Purchase Units 6 4 5 3 910 4,550 920 3,680 930 6,510 $20,140 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 26 Required information [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. Unit Cost $900 Total Cost $ 5,400 Date October 1 October 4 October 10 October 13 October 20 October 28 October 30 Transactions Beginning inventory Sale Purchase Sale Purchase Sale Purchase 910 Units 6 4 5 3 4 7 7 4,550 920 3,680 930 6,510 $ 20,140 2. Using FIFO, calculate ending inventory and cost of goods sold at October 31. Ending inventory Cost of goods sold w HLI SU.COM/252Fwebapps%252Fportan2 Saved Required information (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. Unit Cost $ 900 Total Cost $ 5,400 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 7 7 910 4,550 920 3,680 930 6,510 $20,140 3. Using LIFO, calculate ending inventory and cost of goods sold at October 31 Ending inventory Cost of goods sold TUUN.LUME map/index.html?_con=con&external_browser=0&launchUrl=https%253A hw F%252Flearn wsu.edu%252Fwebapps%252Fportar%252Ffram Saved Required information (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. Unit Cost $900 Total Cost $ 5,400 910 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 7 7 4,550 920 3,680 930 6.510 $20,140 4. Using weighted-average cost, calculate ending inventory and cost of goods sold at October 31. (Round your intermediate and final answers to 2 decimal places.) Ending inventory Cost of goods sold of 29 Next
