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Beginning inventory, purchases, and sales for item Zeta 9 are as follows: Oct 1 Inventory 3 7 units @ $ 2 4 Oct 7 Sale

Beginning inventory, purchases, and sales for item Zeta9 are as follows: Oct 1 Inventory 37 units @ $24 Oct 7 Sale 30 units Oct 15 Purchase 36 units @ $27 Oct 24 Sale 11 units. Assuming a perpetual inventory system and using the FIFO method, determine a. the cost of goods sold on oct 24 and b. the inventory value on Oct 31.

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