Required information [The following information applies to the questions displayed below.] Sandra's Purse Boutique has t

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Required Information The Following Information Applies To The Questions Displayed Below Sandra S Purse Boutique Has T 1 (61.76 KiB) Viewed 61 times

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 Total Cost Date Transactions Units Cost Beginning October 1 6 $830 $ 4,980 inventory Sale October 4 4 October10 5 840 4,200 October13 3 Purchase Sale Purchase Sale October 20 4 850 3,400 October 28 7 October30 Purchase. 6 860 5,160 $17,740 2. Using FIFO, calculate ending inventory and cost of goods sold at October 31. Ending inventory Cost of goods sold