1. Compute Altoona Company's number of days' sales in inventory ratio using the following information.

• Cost of Goods Sold $773,794
• Beginning Inventory 57,686
• Ending Inventory 66,510

Round to the nearest whole dollar, no decimal places.

Answer=29

2. Akira Company had the following transactions for the month.

	Number of Units	Cost for Units
Beginning Inventory	150	$1,500
Purchased March 31	160	1,920
Purchased October 15	130	1,950
Ending Inventory	50	?

Using the first-in, first-out (FIFO) method, determine the cost per unit for the units in ending inventory. Then, calculate the gross margin for the period for each the first-in, first-out (FIFO) method, using periodic inventory system. Assume that all units were sold for $25 each.

answer=5130

I need help showing work the answer is already given.