August Inventory on hand units; cost $ each.
August Purchased units for $ each.
August Sold units for $ each.
August Purchased units for $ each.
August Sold units for $ each.
August Purchased units for $ each.
August Inventory on hand units.
Exercise Algo Part
Using calculations based on a perpetual inventory system, determine the inventory balance Altira would report in its August balance sheet and the cost of goods sold it would report in its August income statement using the Average cost method. Note: Round "Average Cost per Unit" to decimal places.
tablePerpetual Average,Inventory on hand,Cost of Goods Sold,Inventory BalancetableNumberof unitstableCost perunittableInventoryValuetableNumberof unitssoldtableAverageCost perunittableCost ofGoods SoldtableNumber ofunits ininventorytableCost perunitBeginning InventoryPurchase August $
