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Required information Problem 6-1A Calculate ending inventory and cost of goods sold for four inventory methods (LO6-3) 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 Transactions Beginning inventory Units Unit Cost Total Cost Date 1 6 $700 4,200 October October Sale 4 4 October 10 Purchase 5 710 3,550 October 13 Sale 3 October 20 Purchase 720 2,880 4 October 28 October 30 Sale 7 Purchase 8 730 5,840 $16,470 Problem 6-1A Part 3 3. Using LIFO, calculate ending inventory and cost of goods sold at October 31. Ending inventory Cost of goods sold Problem 6-1A Calculate ending inventory and cost of goods sold for four inventory methods (LO6-3) [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 Date Transactions Unit Cost Total Cost October 1 Beginning inventory 6 $700 $4,200 October Sale 4 October 10 Purchase 5 710 3,550 October 13 Sale 3 October 20 Purchase 4 720 2,880 October 28 Sale 7 October 30 Purchase 730 5,840 $16,470 Problem 6-1A Part 4 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