George Zorilia uses a perpetual inventory system. During April, he sold 700 units (270 units on April 20 and 430 units on April 28 ). The following other information is available: Calculate the April 30 inventory and the April cost of goods sold using the weighted average cost formula, (Round the weighted average cost per unit and final answers to 2 decimal places, e.s. 5,275,25. Calculate the April 30 inventory and the April cost of goods sold using the FIFO cost formula. April 30 inventory April cost of goods sold Question Part Score Prepare the journal entry to record the April 15 purchase assuming the company uses the FiFO method of inventory. All purchases are on credit. (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 O. for the amounts, List debit entry before credit entry.) Prepare the journal entry to record the April 15 purchase assuming the company ases the FIFO method of inventory. All purchases are on credit. (Credit account titles are automaticalfy indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter o for the amounts, List debit entry before credit entry.) Question Part Score Prepare the journal entries to record the sale of units on April 28 for a total of $10,208, assuming the company uses the weighted average cost method, All sales are credit sales. (Round answers to 2 decimal places, e.g. 5,275.25, Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is requited, select "No Entry" for Prepare the journal entries to record the sale of units on April 28 for a total of $10,208, assuming the compary uses the weighted average cost method. All sales are credit sales, (Round answers to 2 decimal places, e.y. 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 0 for the amounts. List all debit entries before credit entries.)
