Financial Accounting Question?? 10 points asap?

Corey

New member
Beginning inventory, purchases and sales for a product by Weld TM are as follows:

Sep. 1, Beginning Inventory: 24 units
Sep. 5, Sale: 17 units
Sep 17, Purchase: 10 units
Sep 30, Sale: 8 units

using a perpetual inventory system and the FIFO(first in, first out) method,
A. determine the cost of merchandise sold for the September 30 sale
B. the inventory on September 30

thank you so much and if you could explain how you got your answer that would be a big help, 10 points asap.
 
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