A. Determine the cost of the goods sold for the september 30 sale.

B. Determine the inventory on September 30.

Beginning inventory, purchases, and sales for an inventory item are as follows: Sep. 1 Beginning Inventory 31 units @ $11 5 Sale 18 units 17 Purchase 32 units @ $12 30 Sale 32 units Assuming a perpetual inventory system and the first-in, first-out method: a. Determine the cost of the goods sold for the September 30 sale. b. Determine the inventory on September 30