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all parts please Altira Corporation provides the following information related to its inventory during the month of August 2024 : Aeguet 1 inventory on kasd-1,200
all parts please
Altira Corporation provides the following information related to its inventory during the month of August 2024 : Aeguet 1 inventory on kasd-1,200 unitsi cost 55,90 each. Aaguat B purehased 12,006 unite for $6.16 each. Auguat 14 sold $, 400 unita for $12.60 esel. Aaquet 18 Turohssed 9,500 anits for $6,20 each. Ragart 25 sold 11,200 unite for $11,60 each. Auguat 28 purchased 5,400 , unita fae $6.40 each. Augat 31 investory on hand-11,200 unita. Required: Using calculations bosod on a periodic irventory system, determine the inventory bolance Altia would report in its August 31, 2024. balance sheet and the cost of goods sold it would report in its August 2024 income statement using each of the following cost flow methocts. Complete this question by entering your answers in the tabs below. Nuguat 1 Inventory on tand-1,200 unital cont $5.90 each. Buguat 8 Purchaned 12,400 unitn for $6,10 osoh. Magunt 14 sold. 9,600 unies far, 912.60 esch. Mugust is Purchased 9,600 aniks for $6,20 each. Asgust 25 502d 11,200 units for $11.60 each. August 28 purchased 6,400 unite for 56.40 each. Noguet 31 1nvestory on hasd-11,200 undte. Required: Using calculabions based on a periodic inventory system, determine the inventery balance Altira would report in its August 31,2024, balance sheet and the cost of goods sold it would report in its August 2024 income statement using each of the following cost fiow methods Complete this question by entering your answers in the tabs below. Complete this question by entering your answers in the tabs below. Determine the inventory balance Aitira would report in its August 31, 2024, balance sheet and the cost of goods sold it would report in its August 2024 income statement using cost method. Note: Round "Average Cost per Unit" to 2 decimal places Step by Step Solution
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