Alexandra's Boutique has the following transactions related to its top-selling Gucci purse for the month of October. Alexandra's Boutique uses a periodic inventory system. Date October 1 October 4. October 10 October 13 October 201 October 28 October 30 Transactions Beginning inventory Sale Purchase Sale Purchase Sale Purchase: Units Unit Cost 6 $720 4 5 730 3 4 7 740 750 Total Cost $4,320 3,650 2,960 4,500 $15,430 . Using weighted-average cost, calculate ending inventory and cost of goods sold at October 31. (Round your mediate calculations to 4 decimal places and final answers to 2 decimal places.)
Alexandra's Boutique has the following transactions related to its top-selling Gucci purse for the month of October. Alexandra's Boutique uses a periodic inventory system. Date October 1 October 4. October 10 October 13 October 201 October 28 October 30 Transactions Beginning inventory Sale Purchase Sale Purchase Sale Purchase: Units Unit Cost 6 $720 4 5 730 3 4 7 740 750 Total Cost $4,320 3,650 2,960 4,500 $15,430 . Using weighted-average cost, calculate ending inventory and cost of goods sold at October 31. (Round your mediate calculations to 4 decimal places and final answers to 2 decimal places.)
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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![Required information
[The following information applies to the questions displayed below.]
Alexandra's Boutique has the following transactions related to its top-selling Gucci purse for the month of
October. Alexandra's Boutique uses a periodic inventory system.
Date
October 1
October 41
October 10
October 13
October 20
October 28
October 30
Transactions
Beginning inventory
Sale
Purchase
Sale
Purchase
Sale
Purchase
Ending inventory
Cost of goods sold
Units Unit Cost
$720
645346
4
3
7
6
730
740
750
Total Cost
$4,320
3,650
2,960
4,500
$15,430
4. Using weighted-average cost, calculate ending inventory and cost of goods sold at October 31. (Round your
intermediate calculations to 4 decimal places and final answers to 2 decimal places.)](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fe01e2053-8424-4ef5-83d0-e7e46a72a928%2F45bac17e-7d0e-4f11-8897-9b40c0f3a347%2F03svueo_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Required information
[The following information applies to the questions displayed below.]
Alexandra's Boutique has the following transactions related to its top-selling Gucci purse for the month of
October. Alexandra's Boutique uses a periodic inventory system.
Date
October 1
October 41
October 10
October 13
October 20
October 28
October 30
Transactions
Beginning inventory
Sale
Purchase
Sale
Purchase
Sale
Purchase
Ending inventory
Cost of goods sold
Units Unit Cost
$720
645346
4
3
7
6
730
740
750
Total Cost
$4,320
3,650
2,960
4,500
$15,430
4. Using weighted-average cost, calculate ending inventory and cost of goods sold at October 31. (Round your
intermediate calculations to 4 decimal places and final answers to 2 decimal places.)
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