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...


Required information<br>[The following information applies to the questions displayed below.]<br>Sandra's Purse Boutique has the following transactions related to its top-selling Gucci purse for the month of October.<br>Sandra's Purse Boutique uses a periodic inventory system.<br>Total Cost<br>Units<br>6.<br>4<br>Date<br>Transactions<br>Unit Cost<br>$ 5,400<br>October 1<br>October 4<br>October 10<br>October 13<br>October 20<br>October 28<br>October 30<br>Beginning inventory<br>Sale<br>Purchase<br>Sale<br>Purchase<br>Sale<br>$900<br>910<br>4,550<br>4<br>920<br>3,680<br>7<br>Purchase<br>6,510<br>$20,140<br>7<br>930<br>4. Using weighted-average cost, calculate ending inventory and cost of goods sold at October 31. (Round your intermediate and final<br>answers to 2 decimal places.)<br>Ending inventory<br>Cost of goods sold<br>

Extracted text: 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. Total Cost Units 6. 4 Date Transactions Unit Cost $ 5,400 October 1 October 4 October 10 October 13 October 20 October 28 October 30 Beginning inventory Sale Purchase Sale Purchase Sale $900 910 4,550 4 920 3,680 7 Purchase 6,510 $20,140 7 930 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

Jun 11, 2022
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