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Altira Corporation provides the following information related to its merchandise inventory during the month of...

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Accounting

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Altira Corporation provides the following information related to its merchandise inventory during the month of August 2021 Required: Using calculations based on a periodic 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 each of the following cost flow methods Determine the irventory balance Altira would report in its August 31,2021 , balance sheet and the cost of goods sold it would report in its August 2021 ince method (Round "Cost per Unit" to 2 deciral places.) 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 UFO method. (Round "Cost per Unit" to 2 decimal places.) Determine the ifventory balance Altira would report in its August 31,2021 , balance sheet and the cost of goods sold it would report in its August 2021 incor cost method (Round "Average Cost per Unit" to 2 decimal placos.)

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