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Altira Corporation provides the following information related to its inventory during the month of August 2 0 2 4 : August 1 Inventory on hand

Altira Corporation provides the following information related to its inventory during the month of August 2024:
August 1 Inventory on hand-3,500 units; cost $7.60 each:
August 8 Purchased 17,500 units for $7.00 each.
August 14 Sold 14,000 units for $13.50 each.
August 18 Purchased 10,500 units for $6.80 each.
August 25 Sold 13,000 units for $12.50 each.
August 28 Purchased 5,500 units for $5.80 each.
August 31 Inventory on hand -10,000 units.
ng calculations based on a perpetual inventory system, determine the inventory balance Altira would t in its August 31,2024, balance sheet and the cost of goods sold it would report in its August 2024 ie statement using the Average cost method.
Round "Average Cost per Unit" to 2 decimal places.
\table[[tual Average,Inventory on hand,Cost of Goods Sold,Inventory Balanc],[\table[[Number],[of units]],\table[[Cost per],[unit]],\table[[Inventory],[Value]],\table[[Number],[of units],[sold]],\table[[Average],[Cost per],[unit]],\table[[Cost of],[Goods Sold]],\table[[Number of],[units in],[inventory]],\table[[Cost per],[unit]],],[ining Inventory],[lase - August 8,,,,,,,,,],[,,,,,,0,,$
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