Q: Altira Corporation provides the following information related to its merchandise inventory during the month of August 2021:

Aug.1	Inventory on hand3,900 units; cost $8.00 each.
8	Purchased 19,500 units for $7.40 each.
14	Sold 15,600 units for $13.90 each.
18	Purchased 11,700 units for $6.60 each.
25	Sold 14,600 units for $12.90 each.
28	Purchased 5,900 units for $5.80 each.
31	Inventory on hand10,800 units.

2. 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 Average cost method. (Round "Average Cost per Unit" to 2 decimal places.)

discard my answers. *****Please note every blue rectangle needs an answer

Inventory on hand Cost of Goods Sold Inventory Balance Perpetual Average Cost per Inventory Value # of units Cost per # of units Avg.Cost sold per unit Cost of Goods Sold # of units in inventory Ending inventory unit unit 3,900 $ 8.00 $ 31,200 3,900 $ 8.00 $ 31,200 Beginning Inventory Purchase - August 8 19,500 $ 7.40 144,300 $ 7.40 $ 144,300 19,500 23,400 $ 175,500 15,600 $ 7.50 117,000 7,800 $ 7.50 58,500 Sale - August 14 Purchase - August 18 11,700 $ 6.60 77,220 11,700 6.60 $ 77,220 19,500 $ 135,720 14,600 $ 6.96 101,616 4,900 $ 6.96 $ 34,104 Sale - August 25 Purchase - August 28 5,900 $ 5.80 34,220 5,900 $ 5.80 $ 34,220 Total 41,000 $ 286,940 $ 218,616 10,800 $ 68,324