EE 7-3 p. 355 PE 7-3A Perpetual inventory using LIFO OBJ. 3 Beginning inventory, purchases, and sales for Item FK7 are as follows: Sept. 1 Inventory 115 units at $255 10 Sale 100 units 18 Purchase 110 units at $260 27 Sale 105 units Assuming a perpetual inventory system and using the last-in, first-out (LIFO) method, determine (a) the cost of merchandise sold on September 27 and (b) the inventory on September 30.7-2 p. 353 PE 7-2A Perpetual inventory using FIFO OBJ\\ 3 Beginning inventory, purchases, and sales for Item Copper are as follows: Mar. - Inventory 450 units at $7 9 Sale 390 units 13 Purchase 410 units at $8 25 Sale 340 units Assuming a perpetual inventory system and using the first-in, first-out (FIFO) method, determine (a) the cost of merchandise sold on March 25 and (b) the inventory on March 31