1. AMG Manufacturing Company which uses the periodic inventory system showed the following transactions during the...

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1. AMG Manufacturing Company which uses the periodic inventory system showed the following transactions during the month of May. Units Purchased 10 20 22 Date 5/1 (BI) 5/5 5/15 5/19 5/24 -15 5/30 Units Cost P15 Units Issued 20 15 18 10 - 15 What is the cost of ending inventory under the specific identification method assuming that materials issued on 5/15 came from the 5/5 purchase, materials issued on 5/19 came from beginning inventory, and those issued on 5/30 came from the 5/5 and 5/24 purchases? 1. AMG Manufacturing Company which uses the periodic inventory system showed the following transactions during the month of May. Units Purchased 10 20 22 Date 5/1 (BI) 5/5 5/15 5/19 5/24 -15 5/30 Units Cost P15 Units Issued 20 15 18 10 - 15 What is the cost of ending inventory under the specific identification method assuming that materials issued on 5/15 came from the 5/5 purchase, materials issued on 5/19 came from beginning inventory, and those issued on 5/30 came from the 5/5 and 5/24 purchases?