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Specific Identification, FIFO, LIFO, and Weighted-Average Swing Company's beginning inventory and purchases during the focal year ended September 30, 20-2, were as shown Units
Specific Identification, FIFO, LIFO, and Weighted-Average Swing Company's beginning inventory and purchases during the focal year ended September 30, 20-2, were as shown Units Unit Price Total Cost October 1, 20-1 Beginning inventory 400 $19.00 $7.600 October 18 November 25 1st purchase 510 19.50 9.945 2nd purchase 210 20.50 4,305 January 12, 20-2 3rd purchase 300 21.00 6.300 March 17 4th purchase 900 22.50 20.250 June 2 August 21 3th purchase 830 22.00 19.090 Geh purchase 2001 24.00 4,800 September 27 7th purchase 680 25.00 17,000 4,030 589,290 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 1300 units 100 are from October 18, 20-1 200 are from January 12, 20-2 100 are from March 17 400 are from June 21 1st purchase 3rd purchase 4th purchase 5th purchase 200 are from August 21 6th purchase 300 are from September 27 Required:
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