Altira Corporation provides the following information related to its inventory during the month of August 2024: August 1 Inventory on hand-3,000 units; cost $5.80 each. August 8 Purchased 12,000 units for $6.00 each. August 14 Sold 9,000 units for $12.50 each. August 18 Purchased 9,000 units for $6.10 each. August 25 Sold 10,500 units for $11.50 each. August 28 Purchased 6,000 units for $6.30 each. August 31 Inventory on hand-10,500 units. Required: Using calculations based on a periodic inventory system, determine the inventory 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 flow methods. 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, 2024, balance sheet and the cost of goods sold it would report in its Augu. Complete this question by entering your answers in the tabs below. FIFO LIFO Average Cost FIFO Number of units Cost per unit Cost of Goods Available for Sale Determine the inventory balance Altira would report in its August 31, 2024, balance sheet and the cost of goods sold it would report in its Augu method. Cost of Goods Available for Sale Ending Inventory - Periodi Number of units in Cost of Goods Sold - Periodic FIFO Number of units sold Cost per unit Cost of Goods Sold Beginning Inventory 3,000 $ 5.80 $ 17,400 $ 5.80 Purchases: August 8 12.000 $ 6.00 72,000 $ 6.00 August 18 9,000 $ 6.10 54,900 $ 6.10 August 28 6,000 $ 6.30 37,800 $ 6.30 Total 30,000 $ 182,100 0 $ ending inventory Cost per unit $ 5.80 $ 6.00 $ 6.10 $ 6.30 0 0 FIFO LIFO > 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, 2024, balance sheet and the cost of goods sold it would report in its Augu LIFO method. Cost of Goods Available for Sale Cost of Goods Sold - Periodic LIFO LIFO Number of units Cost per unit Cost of Goods Available for Sale Number of units sold Cost per unit Ending Inventory - Periodic L Number of units Cost of Goods in ending Sold Cost per unit End Inve inventory Beginning Inventory 3,000 $5.80 $ 17,400 $5.80 $ $ 5.80 Purchases: August 81 12,000 $6.00 72.000 August 18 9.000 $6.10 54,900 August 28 6,000 $6.30 37,800 Total 30,000 $ 182,100 $ 6.00 $ 6.10 $ 6.30 0 $ $6.00 $ 6.10 $ 6.30 0 O S < FIFO Average Cost > 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, 2024, balance sheet and the cost of goods sold it would report in its Augu cost method. Note: Round "Average Cost per Unit" to 2 decimal places. Cost of Goods Available for Sale Cost of Goods Sold - Average Cost Average Cost Number of units Unit Cost Cost of Goods Available for Sale Number of units sold Average Cost per Unit Cost of Goods Sold Ending Inventory - Aver Number of Average units in ending Cost per inventory unit Beginning Inventory 3,000 $ 5.80 $ 17,400 Purchases: August 81 12.000 $ 6.00 72,000 August 18 9,000 $6.10. 54,900 August 28 6,000 $ 6.30 37,800 Total 30,000 $ 182,100