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 Oct Sandra's Purse 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 Ending inventory Cost of goods sold Units Unit Cost 6 $780 4 790 $ $ 5 3. 4 7 800 810 4. Using weighted-average cost, calculate ending inventory and cost of goods sold at October 31. (Round your interm answers to 2 decimal places.) Total Cost $ 4,680 3,950 3,200 4,860 $16,690
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 Oct Sandra's Purse 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 Ending inventory Cost of goods sold Units Unit Cost 6 $780 4 790 $ $ 5 3. 4 7 800 810 4. Using weighted-average cost, calculate ending inventory and cost of goods sold at October 31. (Round your interm answers to 2 decimal places.) Total Cost $ 4,680 3,950 3,200 4,860 $16,690
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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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.
Date
October. 1
October 4
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
6
$780
$
$
4
5
13
4
790
800
810
4. Using weighted-average cost, calculate ending inventory and cost of goods sold at October 31. (Round your intermediate
answers to 2 decimal places.)
Total Cost
$ 4,680
3,950
3,200
4,860
$16,690](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F467b97a0-5ba5-4a57-a1a4-4d2738df99d1%2Fd002d5d6-5465-4c75-9c32-ac619b7286db%2Fp8yrdnz_processed.jpeg&w=3840&q=75)
Transcribed Image Text:12
art 4 of 4
00:20:26
eBook
Ask
Print
References
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.
Date
October. 1
October 4
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
6
$780
$
$
4
5
13
4
790
800
810
4. Using weighted-average cost, calculate ending inventory and cost of goods sold at October 31. (Round your intermediate
answers to 2 decimal places.)
Total Cost
$ 4,680
3,950
3,200
4,860
$16,690
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