Required information (The following information applies to the questions displayed below.) Sandra's Purse Boutique has...
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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. Units Unit Cost $ 890 Total Cost $ 5,340 900 4,500 Date Transactions October 1 Beginning inventory October 4 Sale October 10 Purchase October 13 Sale October 20Purchase October 28 Sale October 30Purchase 910 3,640 5,520 $19,000 3. Using LIFO, calculate ending inventory and cost of goods sold at October 31 Ending inventory Cost of goods sold
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