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Beginning inventory, purchases, and sales for Item Zeta 9 are as follows: Oct. 1 Inventory 5 1 units @ $ 1 8 7 Sale 3
Beginning inventory, purchases, and sales for Item Zeta are as follows:
Oct. Inventory units @ $
Sale units
Purchase units @ $
Sale units
Assuming a perpetual inventory system and using the firstin firstout FIFO method, determine a the cost of the goods sold on October and b the inventory value on October
a Cost of the goods sold on October $fill in the blank
b Inventory value on October $fill in the blank
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