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Altra Corporation provides the following information related to its inventory during the month of August 2024 hapust in Purchased 11,200 latits for 55.00 each. Auknt

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Altra Corporation provides the following information related to its inventory during the month of August 2024 hapust in Purchased 11,200 latits for 55.00 each. Auknt 14 sold 8 , 400 units for $12.48 eech. Aucust is. Purchased 4,400 units for 56,00 each. Aurust 25 Sold 9,800 units for 511.49 each. Aurust 26 . Purcased 5.690 units for 56,20 each. Acesit 31 Imentery on nand-9, Bed voits. Requtred: Using calculations based on a penodic inventory system, determine the inventory balance Alira would report in its August 31,2024 bulance sheet and the cost of goods soid 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

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