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Perpetual ifiventory using FIO - Beginning inventory, purchases, and sales for Item Zetag are as follows: Assuming a perpetual imventary system and using the first-in, first-out (FiFO) method, determine (o) the cost of goods soid on October 24 and (b) the inventory on October 31. a. Cost of goods sold on Dctober 24 b. Inventory on October 31