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Beginning inventory, purchases, and sales for Item Zeta9 are as follows: Oct. 1 Inventory 35 units @ $16 7 Sale 25 units 15 Purchase 41

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

Oct. 1 Inventory 35 units @ $16
7 Sale 25 units
15 Purchase 41 units @ $18
24 Sale 15 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.

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