please help , i posted it one more time because answer was incorrect

Perpetual Inventory Using FIFO Beginning inventory, purchases, and sales for Item Zeta are as follows: Oct. 1 Inventory 68 units $21 7 Sale 46 units 15 Purchase 74 units @ $22 24 Sale 29 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 1,847 X b. Inventory on October 31 1,474 Feedback Check My Work a. When the FIFO methods uned costs are included in cost of goods sold in the order in which they were purchased Think of your inventory in terms of "layers "Determine how much inventory remans from each layer, after each sale The ending inventory s made up of the most recent purchases Leaming Obiective 3 Perpetual Inventory Using LIFO Beginning inventory, purchases, and sales for Item 88-HX are as follows: Mar. 1 Inventory 94 units $25 8 Sale 75 units 15 Purchase 104 units $27 27 Sale 87 units Assuming a perpetual mentory water and wing the last in, tiest out (uto) method, determine (a) the cost of goods sold on Mar 27 and (b) the inventory on Mar, 31. a. Cost of goods sold on Mar 27 2,349 b. Inventory on Mar 31 680X Check Work When the LIFO method is used the cost of the units sold is the cost of the most recent purchases. Think of your inventory in terms of "layers "Determine how much inventory remains from each layer after each sale The ending inventory is made up of the oldest purchases Learning Objective