EMR Netflix eBook Show Me How Calculator Perpetual Inventory Using LIFO Beginning inventory, purchases, and sales for Item 88-HX are as Oct. 1 Inventory 88 units $17 8 Sale 15 Purchase 98 units $21 27 Sale 82 units Assuming a perpetual inventory system and using the last-in, first-out (LIFO) method, determine (a) the cost of goods sold on Oct. 27 and (b) the a. Cost of godds sold on Oct. 27 70 units b. Inventory on Oct. 31 on EMR Netflix eBook Show Me How Calculator Perpetual Inventory Using FIFO Beginning inventory, purchases, and sales for Item Zeta are as follows Oct. 1 Inventory 73 units $21 7 Sale 61 units 15 Purchase 80 units $23 24 Sale 20 units Assuming a perpetual inventory system and using the first-in, first-out (FIFO) method, determine ca the cost of goods sold on October 24 and (b) the inventory on October 31. a. Cost of goods sold on October 24 b. Inventory on October 31