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Assistance please Beginning inventory, purchases, and sales for Item 88-HX are as follows: Oct. 1 Inventory 80 units @ $33 8 Sale 64 units 15

Assistance please

Beginning inventory, purchases, and sales for Item 88-HX are as follows:

Oct. 1 Inventory 80 units @ $33
8 Sale 64 units
15 Purchase 89 units @ $35
27 Sale 75 units

Assuming a perpetual inventory system and using the last-in, first-out (LIFO) method, determine (a) the cost of goods sold on Oct. 27 and (b) the inventory on Oct. 31.

a. Cost of goods sold on Oct. 27 $fill in the blank 1
b. Inventory on Oct. 31 $fill in the blank 2

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