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Beginning inventory, purchases, and sales for an inventory item are as follows: \table[[Sep.1 Beginning...

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Accounting

Beginning inventory, purchases, and sales for an inventory item are as follows:
\table[[Sep.1 Beginning Inventory,33 units @ $15],[5 Sale,19 units],[17 Purchase,36 units @ $18],[30 Sale,36 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.
$
b. Determine the inventory on September 30.
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