Question: A and B please Perpetual Inventory Using FIFO Beginning Inventory, purchases, and sales for Item Zeta9 are as follows: Oct. 1 Inventory 62 units $15

A and B please A and B please Perpetual Inventory Using FIFO Beginning Inventory, purchases, and

Perpetual Inventory Using FIFO Beginning Inventory, purchases, and sales for Item Zeta9 are as follows: Oct. 1 Inventory 62 units $15 7 Sale 49 units 15 Purchase 56 units @ $17 24 Sale 25 units Assuming a perpetual inventory system and using the first-in, first out (FIFO) method, determine (a) the cost of goods sold on October 24 and (b) the inventory on October 31. a. Cost of goods sold on October 24 b. Inventory on October 31

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