Specific Identification, FIFO, LIFO, and Weighted-Average Swing Company’s beginning inventory and purchases during the fiscal year ended September 30, 20-2, were… – savvyessaywriters.net | Savvy Essay Writers
Specific Identification, FIFO, LIFO, and Weighted-Average Swing Company’s beginning inventory and purchases during the fiscal year ended September 30, 20-2, were… – savvyessaywriters.net | Savvy Essay Writers
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Specific Identification, FIFO, LIFO, and Weighted-AverageSwing Company’s beginning inventory and purchases during the fiscal year ended September 30, 20-2, were as follows: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: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 SoldCost of Ending Inventory1. FIFO$[removed]$[removed]2. LIFO$[removed]$[removed]3. Weighted-average$[removed]$[removed]4. Specific identification$[removed]$[removed]
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