Question

Problem 6-1A Calculate ending inventory and cost of goods sold for four inventory methods (1O6-3) The following informaion 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 October October 4 October 10 October 13 October 20 October 28 October 30 $740 750 760 770 4,440 750 040 5.390 56.620 Sale Sale Purchase Sale Purchese Problem 6 1A Calculate ending nventory and cost of goods sold for four inventory methods (Lo6-3) Section Break 2.00 points Problem 6-1A Part 2 2. Using FIFO, calculate ending inventory and cost of goods sold at October 31 Ending inventory Cost of goods sold

 



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