Perpetual Inventory Using UFO Beginning inventory, purchases, and sales for Item 88-HX are as follows B Oct. 1 Inventory 104 units 333 Sale 83 units 15 Purchase 115 units $35 27 Sale 97 units Assuming a perpetuat inventory system and using the last in, Orst-out (LIFO) method determine (a) the cost of goods sold on Oct 27 and (b) the inventory on Oct 31 3. Cost of goods told on Oct. 27 D. Tnventory on Oct 31