Business
Business, 04.03.2021 23:00, fubowangkevin

Beginning inventory, purchases, and sales for an inventory item are as follows: Sept. 1 Beginning Inventory 21 units $13 5 Sale 12 units 17 Purchase 23 units $15 30 Sale 22 units Assuming a perpetual inventory system and the first-in, first-out method, determine (a) the cost of the merchandise sold for the September 30 sale and (b) the inventory on September 30. a. Cost of merchandise sold $fill in the blank 1 b. Inventory, September 30 $fill in the blank 2

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