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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 shown. Units Unit Price Total Cost October 1, 20-1 Beginning inventory 410 $20.50 $8,405 October 18 1st purchase 490 21.00 10,290 November 25 2nd purchase 220 22.00 4,840 January 12, 20-2 3rd purchase 320 23.00 7,360 March 17 4th purchase 910 24.50 22,295 June 2 5th purchase 800 25.00 20,000 August 21 6th purchase 200 2

Calculate the total amount to be assigned to cost of ooods sold for the fiscal year ended September 30,202, and ending Inventary on September 30 20-2, under each of the following periodic inventory methods. Touak Wrivit FIFO assumes that the oldeit units have been sold and the newest units are in the ending inventiry. LiFQ asganes that the nemest units have been sold and the oldest units ace in the ending invertary. Willahted overage is determined by dividing the total cost of units avallable for tale by the cotal number of units available for sale. inventory, Onse ending inventory is calcisated, ine the amount to determine the cont of poods solde. Calculate the total amount to be assigned to cost of ooods sold for the fiscal year ended September 30,202, and ending Inventary on September 30 20-2, under each of the following periodic inventory methods. Touak Wrivit FIFO assumes that the oldeit units have been sold and the newest units are in the ending inventiry. LiFQ asganes that the nemest units have been sold and the oldest units ace in the ending invertary. Willahted overage is determined by dividing the total cost of units avallable for tale by the cotal number of units available for sale. inventory, Onse ending inventory is calcisated, ine the amount to determine the cont of poods solde

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