Question: 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. Usisi
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. Usisi Tutto October L. 20-4 Beginning inventory 400 20.00 Oktober Hovember 25 2nd pusta arch August purchase 2002 20,00 200 2.00 3.0 700 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: 100 201 300 12,203 100 ? 200 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 Cost of Gode ting 1. nec decine Karmen 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. Usisi Tutto October L. 20-4 Beginning inventory 400 20.00 Oktober Hovember 25 2nd pusta arch August purchase 2002 20,00 200 2.00 3.0 700 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: 100 201 300 12,203 100 ? 200 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 Cost of Gode ting 1. nec decine Karmen
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