7/15 Total points awarded Help Complete this question by entering your answers in the tabs below. FIFO LIFO Average Cost Determine the inventory balance Altira would report in its August 31, 2021, balance sheet and the cost of goods sold it would report in its August 2021 Incom method. (Round "Cost per Unit" to 2 decimal places.) Endinti inventory of FIFO Cost of Goods Available for Sale Cost # of units Cost of Goods por Available for Sale Cost Cost of Goods Sold Periodic FIFO Cost # of units Cost of sold per Goods Sold unit 4,000 $7.30 15 29,200 of units in ending inventory Ending Inventory unit PE unt 5730 4,000 $ 730 $ 29 200 0 $ 0 0 $ 750 Beginning Inventory Purchases. August 8 August 18 August 28 Total 20.000 12,000 6,000 42.000 $ 7.50 $ 7.60 $5.80 150,000 91,200 150.000 91 200 34 800 305 200 20.000 $7.50 12,000 $760 6.000 42.000 0 $760 0 5580 0 5 270.100 LIFO > attice IDR Wednom FIFO LIFO Average Cost Determine the inventory balance Altira would report in its August 31, 2021, balance sheet and the cost of goods sold it would report in ita August 2021 Ince LIFO method. (Round "Cost per Unit" to 2 decimal places.) Cost of Goods Available for Sale Cost of Goods Sold Periodic LIFO Engry Pedie UFO LIED Cost Cost Cost of Goods # of units # of units in Cost of per Cost Available for Sale #of units sold per Ending ending Goods Sold unit per Inventory unit Inventory Beginning Inventory 4.000 $ 7.30 $ 29,200 0 $7.30 s 0 4.000 $ 730 5 29.200 Purchases August 8 20,000 $ 750 150,000 $ 5750 $750 August 18 12.000 $ 7.60 91,200 12,000 $7.60 91,200 $760 0 August 28 6.000 $5.80 34.800 3 5580 42.000 Total $ 305,200 4,000 12.000 91.200 5 29.200 Fedtet indre en color aroma incorrected FIFO LIFO Average Cost Determine the inventory balance Altira would report in its August 31, 2021, balance sheet and the cost of goods sold it would report in its August 2021 incon cost method. (Round "Average cost per Unit" to 2 decimal places.) Cost of Goods Available for Sale Cost of Goods Sold Average Cost Ending Inventory Average Cout Cost of Avenge. Cost Average # of units in Average # of units Unit Goods of units sold Cost per Cost of Goods ending Endling Cost per Cost Sold Available for Unit inventory Inventory Sale Beginning Inventory 4,000 57.30 $ 29 200 Purchases August 20.000 $7.50 150,000 August 18 12.000 $ 760 91.200 6,000 August 28 $5.80 34.800 0 42,000 $ Total 305 20