Perpetual Inventory Using FIFÖ Beginning inventory, purchases, and sales for Item Zeta9 are as follows: Oct. 1 Inventory 58 units @ $22 7 Sale 47 units 15 Purchase 48 units @ $23 24 Sale 16 units...

Perpetual Inventory Using FIFÖ<br>Beginning inventory, purchases, and sales for Item Zeta9 are as follows:<br>Oct. 1<br>Inventory<br>58 units @ $22<br>7<br>Sale<br>47 units<br>15<br>Purchase<br>48 units @ $23<br>24<br>Sale<br>16 units<br>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<br>October 31.<br>a. Cost of goods sold on October 24<br>b. Inventory on October 31<br>

Extracted text: Perpetual Inventory Using FIFÖ Beginning inventory, purchases, and sales for Item Zeta9 are as follows: Oct. 1 Inventory 58 units @ $22 7 Sale 47 units 15 Purchase 48 units @ $23 24 Sale 16 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 b. Inventory on October 31

Jun 08, 2022

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Perpetual Inventory Using FIFÖ Beginning inventory, purchases, and sales for Item Zeta9 are as follows: Oct. 1 Inventory 58 units @ $22 7 Sale 47 units 15 Purchase 48 units @ $23 24 Sale 16 units...

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