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eBook 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 shown. Units Unit Price Total Cost 420 $20.00 $8,400 540 20.50 11,070 200 21.50 4,300 300 22.00 6,600 October 1, 20-1 Beginning inventory October 18 1st purchase November 25 2nd purchase January 12, 20-23rd purchase March 17 4th purchase June 2 5th purchase August 21 6th purchase September 27 7th purchase 900 23.50 21.150 850 24.00 20,400 200 25.00 5,000 650 26.00 16.900 4.060 $93,820 Use the following information for the specific identification method There are 1 300 units of inventory on hand on September 30, 20-2. Of these 1,300 units: 1st purchase 3rd purchase 4th purchase 100 are from October 18 20-1 200 are from January 12, 20-2 100 are from March 17 5th purchase 400 are from June 2 BE 91F Partly sunny Use the following information for the specific identification method. There are 1,300 units of inventory on hand on September 30, 20-2. Of these 1,300 units: 100 are from October 18, 20-1 200 are from January 12, 20-2 100 are from March 17 400 are from June 2 200 are from August 21 300 are from September 27 1st purchase 3rd purchase 4th purchase 5th purchase 6th purchase 7th purchase Required: Calculate the total amount to be assigned to cost of goods sold for the fiscal year ended September 30, 20-2, and ending inventary on September 20-2, under each of the following periodic inventory methods. Cost of Goods Sold Cost of Ending Inventory $ 61,120 32,700 1. FIFO 3 26,850 66,970 2. LIFO 3. Weighted average (round calculations to tivo decimal places wo | eBook 20-2, under each of the following periodic Inventory methods. Cost of Goods Cost of Ending Inventory Sold $ 32,700 1. FIFO 61,120 $ 26,850 2. LIFO 66,970 0 X 3. Weighted average (round calculations to two decimal places) $ 30,607.2 $ 31,200 62,620 4. Specific identification Feedback