Beginning inventory, purchases, and sales for Product XCX are as follows:

Oct 01	Beginning Inventory	26 units	$15
Oct 05	Sale	13 units
Oct 17	Purchase	20 units	$16
Oct 30	Sale	18 units

Assuming a perpetual inventory system and the last-in, first-out method, determine (a) the cost of the merchandise sold for the October 30 sale and (b) the inventory on October 31.

a) Cost of merchandise sold	$
b) Inventory, October 31	$