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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

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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 $20 $9,000 October 18 1st purchase 500 20.5 10,250 November 25 2nd purchase 190 21.5 4,085 January 12, 20-2 3rd purchase 320 23 7.360 March 17 4th purchase 920 24.5 22,540 June 2 5th purchase 810 25 20,250 K August 21 6th purchase 200 25.5 5,100 September 27 7th purchase 730 26.5 19,345 4,120 $97,930 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 1st purchase 200 are from January 12, 20-2 3rd purchase 4th purchase 100 are from March 17 400 are from June 2 5th purchase 200 are from August 21 6th purchase 7th purchase 300 are from September 27 3 more Check My Work uses remaining. Check My Work Save and Exit

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