Specific Identification, FIFO, LIPO, 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 400 $205 $8,200 October 18 1st purchase 510 21 10,710 November 25 2nd purchase 200 22 4,400 January 12, 20-23rd purchase 340 23.5 7.990 March 17 4th purchase 890 25 22,250 June 2 Sth purchase 810 25.5 20,655 August 21 6th purchase 200 26.5 5,300 September 27 7th purchase 690 27.5 18,975 4,040 598,480 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 Ist purchase 200 are from January 12, 20-2 3rd purchase 100 are from March 17 4th purchase 400 are from June 2 Sth purchase 200 are from August 21 6th purchase 300 are from September 27 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 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, Cast of Goods Sold Cost of Ending Inventory 1. FIFO 2. UFO Check My Work Otocator bonprogress-false ebook Print Item USUMPTIC TOTES October 1, 20-1 Beginning inventory 400 $20.5 $8,200 October 18 1st purchase 510 21 10,710 November 25 2nd purchase 200 22 4,400 January 12, 20-2 3rd purchase 340 23.5 7,990 March 17 4th purchase 890 25 22,250 June 2 5th purchase 810 25.5 20,655 August 21 6th purchase 200 26.5 5,300 September 27 7th purchase 690 27.5 18,975 4,040 $98,480 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 100 are from March 17 4th purchase 400 are from June 2 Sth purchase 200 are from August 21 6th purchase 300 are from September 27 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 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 2. LIFO 3. Weighted average 4. Specific identification