Fill all the 3 charts, i would give you a like.if not, i would choose not solved my problem
Altira Corporation provides the following information related to its merchandise inventory during the month of August 2021: Aug.1 Inventory on hand-3,800 units; cost $7.10 each. 8 Purchased 19,000 units for $7.30 each. 14 Sold 15,200 units for $13.80 each. 18 Purchased 11,400 units for $7.40 each. 25 Sold 14,200 units for $12.80 each. 28 Purchased 5,800 units for $5.80 each. 31 Inventory on hand-10,600 units. Required: Using calculations based on a periodic inventory system, determine the inventory balance Altira would report in its August 31, 2021, balance sheet and the cost of goods sold it would report in its August 2021 income statement using each of the following cost flow methods. X Answer is not complete. Complete this question by entering your answers in the tabs below. FIFO Average Cost --- - Complete this question by entering your answers in the tabs below. FIFO LIFO Average Cost Determine the inventory balance Altira would report in its August 31, 2021, balance sheet and the cost of goods sold it would report in its August 2021 income state method. (Round "Cost per Unit" to 2 decimal places.) FIFO Cost of Goods Available for Sale Cost Cost of Goods # of units per unit Available for Sale 3,800 $ 7.10 $ 26,980 Cost of Goods Sold - Periodic FIFO Cost # of units Cost of sold per Goods Sold unit 3,800 $ 7.10 $ 26,980 Ending Inventory - Periodic FIFO Cost # of units in ending Ending inventory unit Inventory $ 7.10 $ 0 per 0 Beginning Inventory Purchases: August 8 August 18 August 28 Total $7.30 $7.40 $5.80 138,700 84,360 19,000 11,400 5,800 40,000 $ 7.30 $7.40 138,700 84,360 33,640 283,680 19,000 $ 7.30 11,400 $ 7.40 10,600 X 44,800 $5.80 250,040 0 0 FIFO LIFO Average Cost Determine the inventory balance Altira would report in its August 31, 2021, balance sheet and the cost of goods sold it would report in its August 2021 income statem LIFO method. (Round "Cost per Unit" to 2 decimal places.) LIFO Cost of Goods Available for Sale Cost Cost of Goods # of units per unit Available for Sale 3,800 $ 7.10 $ 26,980 Cost of Goods Sold - Periodic LIFO Cost Cost of Goods # of units sold per unit Sold Ending Inventory - Periodic LIFO # of units in Cost Ending ending inventory 3,800 $ 7.10 $ 26,980 per unit Inventory $ 7.10 $ Beginning Inventory Purchases: August 8 August 18 August 28 otal $ 7.30 $ 7.40 $ 5.80 138,700 84,360 19,000 11,400 5,800 40,000 $ 7.30 $ 7.40 $ 7.30 $ 7.40 $ 5.80 11,400 5,800 17,200 33,640 283,680 84,360 33,640 84,360 $ $ 3,800 $ 26,980 FIFO LIFO Average Cost Determine the inventory balance Altira would report in its August 31, 2021, balance sheet and the cost of goods sold it would report in its August 2021 incomes cost method. (Round "Average Cost per Unit" to 2 decimal places.) Cost of Goods Sold - Average Cost Average Cost Cost of Goods Available for Sale Cost of Goods Unit # of units Available for Cost | Ending Inventory - Average Cost # of units in Average ending Ending Cost per inventory unit Inventory # of units sold Average Cost per Unit Cost of Goods Sold Sale 3,800 $ 7.10 $ 26,980 Beginning Inventory Purchases: August 8 August 18 August 28 Total . 19,000 11,400 5,800 40,000 $ 7.30 $ 7.40 $ 5.80 138,700 84,360 33,640 283,680 $ $ 01 $ 0 LIFO Average Cost)
