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Perpetual inventory using FIFO Beginning inventory, purchases, and sales for Item Zeta9 are as follows: Oct. 1 Inventory 68 units @ $19 Oct. 7 Sale

Perpetual inventory using FIFO Beginning inventory, purchases, and sales for Item Zeta9 are as follows: Oct. 1 Inventory 68 units @ $19 Oct. 7 Sale 46 units Oct. 15 80 units @ $21 Oct. 24 Sale 29 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. Purchase a. Cost of goods sold on October 24 1,552 X b. Inventory on October 31 546 X Feedback
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Perpetual inventory using FIFO Beginning inventory, purchases, and sales for Item Zeta9 are as follows: Assuming o perpetual inventory system and using the first in, first out (rwo) method, determine (a) the cost of goods sold on october 24 and (b) the inventory on october 31 . a. Cost of goods sold on October 24 b. Inventery on october 31 x

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