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I only need number of units in inventory to be correct please answer the whole question last person didnt Required information [The following information applies
I only need number of units in inventory to be correct please answer the whole question last person didnt
Required information [The following information applies to the questions displayed below.] Altira Corporation provides the following information related to its merchandise inventory during the month of August 2021: Aug . 1 8 14 18 25 28 31 Required: Inventory on hand2 , 500 units; cost $6.60 each. Purchased 12,500 units for $6.00 each. Sold 10,000 units for $12.50 each. Purchased 7 , 500 units for $5.20 each. Sold 9,000 units for $11.50 each. Purchased 4,500 units for $5.80 each. Inventory on hand8 , 000 units . 1. Using calculations based on a perpetual 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 the FIFO method. Required information [The following information applies to the questions displayed below.] Altira Corporation provides the following information related to its merchandise inventory during the month of August 2021: Aug . 1 8 14 18 25 28 31 Required: Inventory on hand2 , 500 units; cost $6.60 each. Purchased 12,500 units for $6.00 each. Sold 10,000 units for $12.50 each. Purchased 7 , 500 units for $5.20 each. Sold 9,000 units for $11.50 each. Purchased 4,500 units for $5.80 each. Inventory on hand8 , 000 units . 1. Using calculations based on a perpetual 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 the FIFO method.
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