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PPlease help! Check my work 6 Itira Corporation provides the following information related to its merchandise inventory during the month of August 2021: 10 points
PPlease help!
Check my work 6 Itira Corporation provides the following information related to its merchandise inventory during the month of August 2021: 10 points Aug.1 Inventory on hand-2,700 units; cost $6.00 each. 8 Purchased 13,500 units for $6.20 each. 14 Sold 10,800 units for $12.70 each. 18 Purchased 8,100 units for $6.30 each. 25 Sold 9,800 units for $11.70 each. 28 Purchased 4,700 units for $5.80 each. 31 Inventory on hand-8,400 units. eBook Hint Print equired: sing calculations based on a periodic inventory system, determine the inventory balance Altira would report in its August 31, 2021, alance sheet and the cost of goods sold it would report in its August 2021 income statement using each of the following cost flow ethods. References Complete this question by entering your answers in the tabs below. FIFO LIFO Average Cost Check my work 6 FIFO LIFO Average Cost ermine 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 202 :hod. (Round "Cost per Unit" to 2 decimal places.) 10 points Cost of Goods Available for Sale Cost of Goods Sold - Periodic FIFO Ending Inventory - Periodic FIFO FIFO Cost Cost # of units Cost of Goods Available for Sale # of units sold Cost per unit Cost of Goods Sold # of units in ending inventory End Inver eBook per unit per unit Hint ining Inventory 2,700 $ 6.00 $ 16,200 2,700 $ 6.00 $ 16,200 0 $ 6.00 $ nases: Print gust 8 $ 6.20 $ 6.20 0 $ 6.20 References $ 6.30 $ 6.30 gust 18 gust 28 13,500 8,100 4,700 29,000 83,700 51,030 27,260 178,190 $ 6.30 $ 5.80 $ 5.80 0 2,700 $ $ 16,200 0 $Step by Step Solution
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