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Alexandra's Boutique has the following transactions related to its top-selling Gucci purse for the month...

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Accounting

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.
\table[[Date,Transactions,Units,Unit Cost,Total Cost],[October 1,Beginning inventory,6,$720,$4,320
2. Using FIFO, calculate ending inventory and cost of goods sold at October 31.
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