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Beginning inventory, purchases, and sales for an inventory item are as follows:

Date Line Item Description Units and Cost

Sep. $1$ Beginning Inventory $24$ units @ $$15$

$5$ Sale $17$ units

$17$ Purchase $10$ units @ $$20$

$30$ Sale $8$ units

Assuming a perpetual inventory system and the first$-$in$,$ first$-$out method:

a$.$ Determine the cost of goods sold for the September $30$ sale.

fill in the blank $1$ of $2$$

b$.$ Determine the inventory on September $30.$

fill in the blank $2$ of $2$$