2.3: A perpetual ventory systemet by Crystal Corporation and separate Inventory records are maintained for each type of production schemesow beginning inventory, purchases and sales for the month of Art Balance on hand. 20 units, och Rs 300 April Saiunt preach Rs 480 Aprl Purchase 20 ans, coach Rs 900 Apr 21 Sa, 10 unit.price0 each Rs. 100 Apr 30 Sale 15 price rach Rs 975 Instructions: (24) Using perpetual conting procedures, compute the cost of ending memory cung the month under each of the following cost fow on FIFO (Fors. First LIFO, c) Average cost Depreciation Rate for Recovery Period 10- Year 3-Year 5-Year her 20 You 3.7504 20004 32.00 1920 15-Y 5001 950 155 1333 14.45 1481 741 24 10.00 18:00 14.00 7219 1152 1152 575 1229 893 392 30 45 1 2 3 4 5 6 2 8 9 10 11 12 13 14 15 16 17 18 19 20 21 6677 6.177 5713 5285 4888 2522 922 7:37 653 653 656 655 3.28 693 623 590 530 591 590 591 590 591 590 591 295 4461 4452 451 403 4451 4452 4261 4.461 2.231 Good Luck Q.3. A perpetual inventory system and by Crystal Corporation and perle inventory records maintained for each type of product in stock. The following action show beginning inventory.purchases and sales for the month of April Apel 1 Balence on hand. 20 units.co40ach Rs 300 April Sale 8 units, price 60 each Rs.450 April Purchase 20 units.com 45 each Rs.900 April 21 al 10 units prior to each Rs.600 April 30 Sale 15 price cach RSS Instructions: (24) Using Perpetual costing procedures, compute the cost of ending inventory during the month under each of the following cost forum FIFO (Flestan, First LFO (Latin Law c) Average cost 15 You 20. 3 Year 33370 44.45 1481 741 Year 1 2 1 4 5 6 7 8 9 10 11 12 12 14 15 16 17 18 19 20 21 Depreciation Rate for Recovery Period 5-Y 7 Year 10 Year 2000 1429 10.00% 3200 24.49 18.00 19.20 1749 14.40 1152 1249 11.52 1152 893 922 5.76 292 737 893 695 445 655 656 555 328 5001 950 855 7.70 693 623 590 590 591 590 591 5.90 591 5.90 591 2295 3.7506 7219 6677 6.177 5713 5285 4880 4522 4452 4451 4462 4461 4452 4451 4461 462 4461 4452 4460 2231 Good Luck