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:

Units Unit Price Total Cost

October $1,20-1$ Beginning inventory $450$ $$19\mathrm{.}5$ $$8,775$

October $181$st purchase $5002010,000$

November $252$nd purchase $190213,990$

January $12,20-23$rd purchase $330227,260$

March $174$th purchase $88023\mathrm{.}520,680$

June $25$th purchase $8402420,160$

August $216$th purchase $20024\mathrm{.}54,900$

September $277$th purchase $68025\mathrm{.}517,340$

$4,070$ $$93,105$

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 $18,20-11$st purchase

$200$ are from January $12,20-23$rd purchase

$100$ are from March $174$th purchase

$400$ are from June $25$th purchase

$200$ are from August $216$th purchase

$300$ are from September $277$th 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 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.

Cost of Goods Sold Cost of Ending Inventory

$1.$ FIFO $fill in the blank $1$

$fill in the blank $2$

$2.$ LIFO $fill in the blank $3$

$fill in the blank $4$

$3.$ Weighted$-$average $fill in the blank $5$

$fill in the blank $6$

$4.$ Specific identification $fill in the blank $7$

$fill in the blank $8$

$30,900$

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