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can i please get help on this i already got the question wrong once its due in 12hours but i am lost Altira Corporation provides
can i please get help on this i already got the question wrong once its due in 12hours but i am lost
Altira Corporation provides the following information related to its inventory during the month of August 2024 : August 1 Inventory on hand-2,5ee units; cost $6,60 each. August 8 Purchased 12,500 units for $6.60 each. August 14 sold 10,006 units for $12.50 each. August 18 purchased 7,500 units for $5.20 each. August 25 sold 9,000 units for $11.50 each. August 28 Purchased 4,506 units for $5.80 each. August 31 Inventory on hand-8,000 units. 2. Using calculations based on a perpetual 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 the Average cost method Note: Round "Average Cost per Unit" to 2 decimal places. 2. Using calculations based on a perpetual inventory system, determine the inventory balance Altira would report in its August 31 , 2024, balance sheet and the cost of goods soid it would report in its August 2024 income statement using the Average cost method. Note: Round "Average Cost per Unit" to 2 decimal places Step by Step Solution
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