Company uses a perpetual inventory system. They had the following transactions in April 2013 Inventory balance April 1", 10 units $10 . April . purchased 20 units $12 April 10. sold 15 units April 12". purchased 18 units $15 April 24", sold 10 units Determine ABC's Cost of Goods Sold and Ending Inventor under each inventory costimethod, UFO SFO Purchases Cost of Goods Sold Ending Inventory Date # Unit $ Total S Unit $ Unit $ Total $ Total $ LIFO Total COGS Total Ending In Purchases Units Cost of Goods Sold Unit $ Total $ Ending Inventory Units Total Date Total $ # # FIFO Total COGS __ Total Ending Inv Page 1 of 2 CU55CUS 2013. petermine Weighted Average: MAC Company uses a perpetual Inventory system. They had the following inventory transactions in April Inventory balance April 14, 10 units @ $10 April 5, purchased 20 units @ $12 April 10, sold 15 units 1. Determine the weighted Average Cost per Unit sold on April 10 2. What is the total cost of Goods Sold for the 15 units sold? 3. What is the dollar value of ending inventory after the sale? Depreciation: Big Top Company buys a copy machine for $12,000. Estimated residual value $4,000. Estimated life 4 years or 1,000,000 copies over its life. Actual copies printed in year 1-230,000 Determine Year 1 depreciation expense: 1. Using Straight-line Depreciation: 2. Using Units-of-Production Depreciation: Sale of Fixed Assets: Equipment costing $10,000 with accumulated depreciation of $8,000 is sold. Record the sale. 1. Assume the company receives $3,500 for the equipment when sold. 2. Assume the company receives $1,500 for the equipment when sold. Page 2 of 2