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allook Specific Identification, FIFO, LIFO, and Weighted Average Swing Company's beginning inventory and purchases during the fiscal year ended September 30, 20-2, were as
allook Specific Identification, FIFO, LIFO, and Weighted Average Swing Company's beginning inventory and purchases during the fiscal year ended September 30, 20-2, were as follows: October 1, 20-1 Units Unit Price Total Cost Beginning inventory 390 $19.5 $7,605 October 18 1st purchase 490 20 9,800 November 25 2nd purchase 190 21 3,990 January 12, 20-2 3nd purchase 340 22 7,40 March 17 June 2 4th purchase 910 23 20,930 3th purchase 820 23.5 19,370 August 21 6th purchase 200 24 4,000 7th purchase 720 25 18,000 4,060 $91,075 Use the following information for the specific identification method There are 1,300 units of inventary on hand on September 30, 20-2. Of these 1,300 units 100 are from October 10, 20-1 200 are from January 12, 20-2 1st purchase 3rd purchase 100 are from March 17 400 are from June 2 4th purchase 5th purchase 200 are from August 21 300 are from September 27 Required: 7th purchase Cut the amount to be assigned to cost of goods sold for the fiscal year ended September 30, 20-2, and ending inventory on September 30, 20-2, under each of the following periodic inventory methods. For the weighted average method, round the average unit cost to two decimal places Round at nal answers to the eart Check My Work Cost of Goods Sold Cost of Ending Inventory Next CO 400 are from June 2 200 are from August 21 300 are from September 27 Required: 5th purchase 6th purchase 7th purchase Calculate the total amount to be assigned to cost of goods sold for the fiscal year ended September 30, 20-2, and ending inventory on September 30, 20-2, under each of the following periodic inventory methods. For the weighted-average method, round the average unit cost to two decimal places. Round all final answers to the nearest dollar, 1. FIFO 2. LIFO 3. Weighted-average 4. Specific identification Check My Work Cost of Goods Sold Cost of Ending Inventory All work saved. MacBook Pro Next Save and Exit Submit Assignment for Grading
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