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 October. Alexandra's Boutique uses a periodic inventory system. 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 Unit Cost 6 $720 4 5 730 740 750 Total Cost $4,320 3,650 2,960 4,500 $15,430 Using FIFO, calculate ending inventory and cost of goods sold at October 31.

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 October. Alexandra's Boutique uses a periodic inventory system. 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 Unit Cost 6 $720 4 5 730 740 750 Total Cost $4,320 3,650 2,960 4,500 $15,430 Using FIFO, calculate ending inventory and cost of goods sold at October 31.

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Description: of 4nedokRequired 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 ofOctober. Alexandra's Boutique uses a periodi

Intermediate Accounting: Reporting And Analysis

3rd Edition

ISBN:9781337788281

Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach

Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach

Chapter7: Inventories: Cost Measurement And Flow Assumptions

Section: Chapter Questions

Problem 10RE: Jessie Stores uses the periodic system of calculating inventory. The following information is...

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Required information [The following information applies to the questions displayed below.] Sara's Boutique has the following transactions related to its top-selling Gucci purse for the month of October. Sara's Boutique uses a periodic inventory system. Date Transactions October 1 Beginning inventory October 4 Sale October 10 Purchase October 13 Sale October 20 Purchase October 28 October 30 Sale Purchase Units 6 Unit Cost Total Cost $810 $4,860 4 5 820 4,100 3 4 830 3,320 7 7 840 5,880 $18,160 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. Answer is complete but not entirely correct. Ending inventory $ 6,720 Cost of…
! Required information [The following information applies to the questions displayed below.] Brianna's Boutique has the following transactions related to its top-selling Gucci purse for the month of October. Brianna's Boutique uses a periodic inventory system. Date October 1 October 4 Transactions Beginning inventory Sale October 10 Purchase October 13 Sale October 20 Purchase October 28 October 30 Sale Purchase Units Unit Cost Total Cost 6 $770 $4,620 4 5 780 3,900 3 4 790 3,160 7 7 800 5,600 $17,280 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.) Answer is complete but not entirely correct. Ending inventory $ 6,370.00 × Cost of goods $ 10,910.00 X sold
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
[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. Date October 1 Beginning inventory October 4 October 10 October 13 October 20 October 28 October 30 Transactions Ending inventory Cost of goods sold Sale Purchase Sale Purchase Sale Purchase Units Unit Cost $ 720 6 4 5 3 4 7 6 730 740 750 Total Cost $ 4,320 3,650 2,960 4,500 $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.
please answer this with must explanation , computation , for each steps and each parts answer in text form
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. Cost per Date Transactions Units Unit Total Cost October 1 Beginning inventory Sale 6 $770 $ 4,620 October 4 4 October 10 Purchase 780 3,900 October 13 Sale 3 October 20 Purchase 4 790 3,160 October 28 Sale 7 October 30 Purchase 7 800 5,600 $17,280 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 inventor E180 東車東軍 ple c..pdf
i 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. Cost per Date Transactions Units Unit Total Cost $ 4,620 Beginning inventory Sale October 1 6. October 4 4. October 10 October 13 Purchase Sale October 20 4. 06 Purchase 3,160 October 28 Sale 7. October 30 008 00' Purchase $17,280 3. Using LIFO, calculate ending inventory and cost of goods sold at October 31. Ending inventory Cost of goods sold .*****
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Sara's Boutique has the following transactions related to its top-selling Gucci purse for the month of October. Sara's Boutique uses a periodic inventory system. Date Transactions October 1 Beginning inventory October 4 Sale October 10 Purchase Sale October 13 October 20 October 28 October 30 Purchase Sale Purchase Units Unit Cost 6 $760 770 780 453478 5 4 790 Total Cost $4,560 3,850 3,120 6,320 $17,850 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.
[The following information applies to the questions displayed below.] Brianna's Boutique has the following transactions related to its top-selling Gucci purse for the month of October. Transactions Beginning inventory Sale Purchase Sale Purchase Sale Purchase Date October 1 October 4 October 10 October 13 October 20 October 28 October 30 Ending inventory Cost of goods sold Units Unit Cost 6 $ 740 2,980 5,210: 34775553 750 760 770 Total Cost $ 4,440 3,750 3,040 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. 5,390 $ 16,620 ---
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 Cost Total Cost Units 6 Date Transactions October 1 October 4 $ 5,400 Beginning inventory Sale Purchase Sale Purchase Sale $900 4 October 10 October 13 October 20 October 28 5 910 4,550 3 4 920 3,680 7 6,510 $20,140 October 30 Purchase 7 930 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