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13 ! Part 1 of 4 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. 78 onts Cost per Unit $720 Total Cost $4,320 eBook 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 4 730 3,650 740 2.960 Print 750 4,500 References $15.430 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 14 rt 2 of 4 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. 8 nts Cost per Unit $720 Units 6 4 5 Total Cost $ 4,320 Date October 1 October 4 October 10 October 13 October 20 October 28 October 30 eBook Transactions Beginning inventory Sale Purchase Sale Purchase Sale Purchase 730 3,650 740 2,960 Print 6 750 4,500 References $15,430 2. Using FIFO, calculate ending inventory and cost of goods sold at October 31. Ending Inventory Cost of goods sold 15 t 3 of 4 3 ts Required Information [The following information applies to the questions displayed below.) Sandra's Purse Boutique has the following transactions related to its top-seling Gucci purse for the month of October Sandra's Purse Boutique uses a periodic inventory system. Cost per Date Transactions Units Unit Total Cost October 1 Beginning inventory 6 $720 $ 4,320 October 4 4 October 10 Purchase 5 730 3,650 October 13 Sale 3 October 20 Purchase 740 2.960 October 28 Sale October 30 Purchase 6 750 4,500 Sale eBook Print $15,430 References 3. Using LIFO, calculate ending inventory and cost of goods sold at October 31. Ending inventory Cost of goods sold 16 art 4 of 4 Required Information 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 wstem -8 binta Cost per Units 6 4 5 Unit $720 Total Cost $4,320 Book 730 3,650 Date October 1 October 4 October 10 October 13 October 20 October 28 October 30 Transactions Beginning inventory Sale Purchase Sale Purchase Sale Purchase 4 740 2,960 Print 750 4,500 $15.430 References 4. Using weighted-average cost, calculate ending inventory and cost of goods sold at October 31. (Do not round Intermediate calculations. Round your final answers to 2 decimal places.) Ending inventory Cost of goods sold

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