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Beginning inventory, purchases, and sales for Item Zeta9 are as follows: Oct. 1 Inventory 64 units @ $17 7 Sale 47 units 15 Purchase 49

Beginning inventory, purchases, and sales for Item Zeta9 are as follows:

Oct. 1 Inventory 64 units @ $17
7 Sale 47 units
15 Purchase 49 units @ $19
24 Sale 25 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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