Atira Corporation provides the following information related to is irventory during the month of August 2024 fugust 1 Inventery on hand 4,800 units; cost $6,70 each. August is Purchused 19,200 units for $5.90 each. Augert 14 Sold 14,409 units for $13.49 each. August is Purchased 14,400 undts for $7.69 each. Aupust 25 Sold 16,580 units for $12.40 each. August 2B Purchased 9,600 wits for $7.20 each. August 31 triventory on hand-16, 800 units. Required: Using calculations based on a penodic inventory system, determine the imventory bolance Alife would repont in its. August 31,2024. balance sheet and the cost of goods sold it would teport in iss August 2024 income statement using each of the following cost fiow methods Complete this question by entering your answers in the tabs below. Altira Corporatson provides the following information related to its inventory during the month of August 2024 Aipust 1 Thuentory on hand-4,800 units; cost $6.70 each. August 8 Purchased 19,200 units for $6,90 each. Auguse 14 Sold 14,400 units for $13,40 each. August 18 Purchased 14,480 units for 57.09 each. August 25 Sold 16,809 inits for $12.40 each. Mukust 28 Purchased 9,600 units for $7.20 each. Required: Using calculations based on a penodic 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. Nura Corporation provides the following information related to its inventory dunng the month of August 2024 August 1 Inventory on hand-4, 600 units; cost $6.70 each. Auguist \& Purchased 19,200 units for $6.90 each. August 14 Sold 14,400 units for $13,40 each. Mefist 18 Purchased 14,400 units for $7.00 each. Alegust 25 Sold 16,800 inits for $12.40 each. August 28 Purchased 9,600 units for $7.20 each. August 31 Inventory on hand-16, 000 units. Required: Using calculations based on a periodic inventory system, determine the inventory balance Atira would report in its August 31,2024 , balance sheet and the cost of goods soid it would report in is August 2024 income statement using each of the following cost fiow methods. Complete this question by entering your answers in the tabs below. Determine the inventory balance Altira would report in its August 31, 2024, balance sheet and the cost of poods sold it would report in its August 2024 income statement cost method. Note: Round "Average Cost per Unit" to 2 decimal places
