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

 Exercise 8-13 (Static) Inventory cost flow methods; periodic system [LO8-1, 8-4]
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

Exercise 8-13 (Static) Inventory cost flow methods; periodic system [LO8-1, 8-4] 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 . bafance 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 inventory balance Altira would report in its August 31,2021 , balance sheet and the cost of goods sold it would report in its Auqust. 2021 inc method. (Round cost per unit to 2 decimal 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 itse August 2021 incol statement using the LIFO method. (Round cost per unit to 2 decimal places.) Determine the inventory balance Altira would report in its August 31, 2021, balance sheet and the cost of goods sold it would repor staternent using the Average cost mothod. (Round cost per unit to 2 decimal places.)

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