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Beginning inventory, purchases, and sales for Item Zeta 9 are as follows: Oct. 1 - Inventory 7 0 units @ $ 2 2 Oct .

Beginning inventory, purchases, and sales for Item Zeta9 are as follows:
Oct. 1- Inventory 70 units @ $22
Oct.7-Sale 57 units
Oct. 15- Purchase 83 units @ $23
Oct. 24- Sale 17 units
Assuming a perpetual inventory system and using the first-in, first-out (FIFO) method, determine (a)the cost of goods sold on October 24 and (b) the inventory on October 31.
a. Cost of goods sold on October 24---$fill in the blank 1
b. Inventory on October 31---$fill in the blank 2

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