hw4.

Required informotion [The following information applies to the questlons displayed below] Altira Corporation provides the following information felated to its inventory during the month of August 2024 : August I Inventary on hand-2.700 unitsi cost 58.18. each lugust 8 Purchased 13.500 units for 58.20 asch August 14 Sold 10,800 units for $12.70 esch. Auoust 18 Purchased 8.100 units for $5.60 oach. August 25 Sold 9,800 units for 511.70 each. August 28 Purchased 4.700 units for $3.80 each. August 31 Inventory on hand 8.400 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