Question: Perpetual Inventory Using FIFO Beginning inventory, purchases, and sales for Item Zeta9 are as follows: Oct. 1 Inventory 59 units @ $19 7 Sale 45
Perpetual Inventory Using FIFO
Beginning inventory, purchases, and sales for Item Zeta9 are as follows:
| Oct. 1 | Inventory | 59 units @ $19 | |
| 7 | Sale | 45 units | |
| 15 | Purchase | 41 units @ $21 | |
| 24 | Sale | 23 units |
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