eBook Question Content Area 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 390 $20.5 $7,995 October 18 1st purchase 500 21 10,500 November 25 2nd purchase 230 22 5,060 January 12, 20-2 3rd purchase 330 22.5 7,425 March 17 4th purchase 900 24 21,600 June 2 5th purchase 830 24.5 20,335 August 21 6th purchase 200 25.5 5,100 September 27 7th purchase 690 26.5 18,285 4,070 $96,300 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, 2