Beginning inventory, purchases, and sales for Item Zeta9 are as follows: 47 units @ $19 Oct. 1 7 15 24 Inventory Sale Purchase Sale 37 units 40 units @ $20 14 units Assuming a perpetual inventory system and using the first-in, first-out (FIFO) method, determine (a) the cost of the goods sold on October 24 and (b) the inventory value on October 31. a. Cost of the goods sold on October 24 b. Inventory value on October 31 710 X

Beginning inventory, Durchases, and sales for ttem Zeta9 are as followsi Assuming a perpetual inventory system and using the first-in, first-out (FIFO) method, determine (a) the cost of the gocds sold on October 24 and (b) the inventory valu on Qctober 31 . a. Cost of the goods sold on October 24 b. Inventory value on October 31