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Required information The following infortution spolies to the questions displayed below] Altra Corporation provides the following information related to its irventory during the month of

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Required information The following infortution spolies to the questions displayed below] Altra Corporation provides the following information related to its irventory during the month of August 2024 Augivit in Purchased 19,000 units for $7,30 each. August in furchased 11,400 intiv for $6.80 each: Augati 25 solid 14,200 undtir for $12,80 enche. angust 28 Furchased 5,500 undts for $5, to each. August it invectory an hand-10, 600 untes: Required: 2024 borance sheet and the cost of goods soid it would report in as August 2024 income statement using the FFO method. Required information [The fottowing information applies to the questions displayed below] Altira Corporation provides the following information related to its inventory during the month of August 2024 August 1 thwentory on Kand-3,800 untes? cost 57.90 each. August 8 Purchased 19,000 units for $7.30. each. August 14 : Sold 15,200 units for $13,80 each. August 110 Purchased 11,400 units for $6.80 each. August 25 Sold 14, 280 units for $12,80 each. August 28 Purchased 5, 600 units for 55 . ee each. August 31 Inventory on hand-10, 600 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 methiod. Note: Round "Averoge Cost per Unit" to 2 decimal places

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