Altira Corporation provides the following information related to its inventory during the month of August 2024: August 1 Inventory on kand-5,400 unital cont 57.00 esch. Nuguat 8 Purchaned 21,600 unita for 57.20 ench. August 14 sold 16,200 units for $13.70 each. August 18 Parchased 16,200 unita for $7.30 each. August 25 Sold 1A,900 unite for $12.70 eack. August 2d. Purehased 10,600 units for $7.50 each. August 31 Inveotory on hand 18,900 units. Required; Using calculations based on a periodic inventory system, determine the inventory balance Altira would report in its August 31,2024, bolance 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. Determine the inventery balance Alira would report in its August 31, 2024, balance sheot and the cost of goods sold it would report in its August 2024 income statem Altifa Corporation provides the following information related to its inventory during the month of August 2024: Nagunt 1 Inventory on hand-5, 400 units; cost 57.00 each. Aagust 8 Purebased 21,600 units for $7.20 each. Auqust 14 sold 16,200 unite for $13,70 each. August 18 Purebased 16,200 units for $1,30 each. Magunt 25 Sold 18,900 units for $12.70 ench. August 28 Purchaned 10,800 unite for $7.50 eseh. Ayguet 31 Toventory on hand-18,900 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. Altira Corporation provides the following information related to its inventory during the month of August 2024 : Muguat 1 Investory on hand- 5,400 usits) cont $7,00 each. Aaquet 8 Purehased 21,600 units for $7,20 each. Magust 14 sold 16,200 unitin for $13,70 each. Auqust 18 Purchaned 16,200 unit. for $7,30 eneh. Aagust 25 sold 18,900 anits for $12.70 eaeh. Maguet 2. Purehased 10,800 tanite for $7.50 each. Aagunt 31 Inventory on hand-18, 900 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. Determine the imventory baiance Altra would report in its August 31, 2024, balsnce sheet and the cost of goods sold it would report in its August 2024 income stateme cost method. Note: Round "Average Cost per Unit" to 2 dedmal plates
