Perpetual Inventory Using FIFO Beginning inventory, purchases, and sales for Item Zeta9 are as follows: Oct. 1 Inventory 63 units $19 7 Sale 49 units 15 Purchase 68 units $22 24 Sale 18 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. a. Cost of goods sold on October 24 354 V b. Inventory on October 31 Feedback Jy