Cullumber Company sells an ultra-lightweight snowboard that is considered to be one of the best on the market. Information follows for Cullumber's purchases and sales of the ultra-lightweight snowboard in October: Date Transaction Units Unit Purchase Price Unit Sales Price Oct. 1 Beginning inventory $ 304 25 10 Purchase 30 310 12 Sale (42) 5465 13 Purchase 35 316 475 25 Sale (45) 27 322 Purchase 20 Assume that all of Cullumber's sales are for cash and all of its purchases are on account. (a) Record the purchase on October 10 and sale on October 12 for Cullumber Company in a perpetual inventory system under (1) FIFO and (2) weighted average. (Round the weighted average cost per unit to three decimal places, es, 5.275 and final answers to 2 decimal places.es. 5.275.25. Credit account titles are automatically indented when the amount is entered. Do not indent manually if no entry is required, select "No Entry for the account titles and enter for the amounts) ENG 8'C Clear Record the purchase on October 10 and sale on October 12 for Cullumber Company in a perpetual inventory system under (1) FIFO and (2) weighted average (Round the weighted average cost per unit to three decimal places, 08.5.275 and final answers to 2 decimal places, eg. 5,275.25. Credit account titles are automatically indented when the amount is entered. Do not Indent manually. If no entry is required, select "No Entry" for the account titles and enter for the amounts.) Debit Credit Date Account Titles and Explanation Perpetual --FIFO Oct. 10 (To record purchase on account.) Oct. 12 (To record cash sales.) Oct. 12 620 MM (To record cost of goods sold) 8'C Clear Oct, 12 (To record cost of goods sold.) Perpetual-Weighted Average Oct 10 (To record purchase on account.) Oct. 12 (To record cash sales) Oct. 12 (To record cost of goods sold.) ING EN 2016-20 8C Clear