Question: Exercise 8-13 (Algo) Inventory cost flow methods; periodic system [LO8-1, 8-4] Atira Corporation provides the following information related to its inventory during the month of


Exercise 8-13 (Algo) Inventory cost flow methods; periodic system [LO8-1, 8-4] Atira Corporation provides the following information related to its inventory during the month of August 2024: August 1 Inventery on hand 4 , gee unitsy cost $6.70 each. Auguest o Puechased 19,200 units for 56,90 each. huagust 14 Sold 14,400 units for 513,40 each. Aaguat ifl Purchased 1d, 400 anits foe 57,00 each. August 2f 5old 16, 600 unlts for 512,40 each. Aunust 2it Purchated 9,600 undto for 57.20 each. Aiagust 11 Imventory on hand-16, Aio unlts. Required: Using calculations based on a periodic inventory system, determine the inventory balance Allira would report in its August 31 , 2024, balaince shicet: goods sold it would report in its August 2024 income statement using each of the following cost flow methods: Complete this question by entering your answers in the tabs below. 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 Augi nethod. 1 report in its August 31, 2024, balance sheet and the cost of goods sold it would report in its August 2024 income statement usi
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