Question: Perpetual inventory using FIFO Beginning inventory, purchases, and sales for Item Zeta 9 are as follows: Oct. 1 Inventory Oct. 7 Sale Oct. 1 5

Perpetual inventory using FIFO
Beginning inventory, purchases, and sales for Item Zeta9 are as follows:
Oct. 1 Inventory
Oct. 7 Sale
Oct. 15 Purchase
Oct. 24 Sale
44 units@$18
34 units
42 units@$21
15 units 31.
a. Cost of goods sold on October 24
x
b. Inventory on October 31
Perpetual inventory using FIFO Beginning inventory, purchases, and sales for Item

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