The Sunland Hat Shop Limited counted the entire inventory in its store on August 31 and arrived at a total inventory cost of $ 93,600. The count included $7,500 of inventory held on consignment for a local designer: $ 470 of inventory that was being held for customers who were deciding if they actually wanted to purchase the merchandise; and $ 900 of inventory that had been sold to customers but was being held for alterations. There were two shipments of inventory received on September 1. The first shipment cost $4,700. It had been shipped on August 29. terms FOB destination. The second shipment cost $ 5,060, plus freight charges of $ 220. It had been shipped on August 28, terms FOB shipping point. Neither of these shipments was included in the August 31 count. Calculate the correct cost of the Inventory on August 31. Inventory cost $ 90480 Flint Limited uses the FIFO cost formula in a perpetual inventory system. Fill in the missing amounts for items [1] to [18) in the following perpetual inventory schedule: Purchases Cost of Date Units Cost Total Units Cost Apr. 1 6 20 (11$ 23 $460 9 10 [7] $ 12 [8] $ 14 (13) $14 $196 Flint Limited uses the FIFO cost formula in a perpetual inventory system. Fill in the missing amounts for items [1] to (18) in the following perpetual inventory schedule: Balance Total Units Cost Total 10 $26 121 10 [3] $ [4] (515 [6] $ (10) (1116 [12] $ (14) (15) 5 (16) [17] $ [1815