Question: please add steps o Exercise 8-15 (Algo) LIFO perpetual system (LOB-1,8-4) Altra Corporation provides the following information to marrying of August 2021 ventory on Band-210
o Exercise 8-15 (Algo) LIFO perpetual system (LOB-1,8-4) Altra Corporation provides the following information to marrying of August 2021 ventory on Band-210 RR 17.30 14.000 6 16 Boli 13,000 for based on 25 1.00 for $13.30 Pa 5.10.10 21 Theory. Using calculations based on a perpetual Inventory system determine the toy blonce Anne would reporting 1.2021 balance sheet and the cost of goods sold it would reportinis August 2021 income statement into UFOI more To Costa of in Det E out of Gods Astor Bale Cost fedes Center August PLEO: Cost Cost of Gods of its Cost counter wille for Sale Cust Com sold Costo per Grode Sond Code Goods Sold Dertory 3.20037305 33360 57.305 Purchase August 1000 107.2001 870 670 August 16 9.600 6:20 50 500 120 of 620 August 20 5.200 30.100 5.10 of 5. 34.000 3 230 o 5 3 12 50 Prey 10 Next > ht 10 Exercise 8-15 (Algo) LIFO: perpetual system (LOB-1,8-4) 09 A Corporation provides the following information related to its merchandise inventory during the month of August 2021 A. storoban,200 37.30 sath Par 16,000 for 16.10 14 od 1. for 3:30h I Puchard.co ter 14.20 33 Sol 1.0 Fox 112.26 ch. 2 Pun, 2001.wb 31 Teton-,100 unit. Using calculations based on a perpetua inventory system determine the Inventory balance Atina would reportines August 31 2021 balance sheet and the cost of goods sold I would report in its August 2021 income statement intr-out (LIFO BLO Cost of Goods Available for Bele Cost Cost of Goode of units per Available for Sale Cost of Goods Bold - August 14 col Gede Seid Augustas ofte Cou Cost Cost of Cost of Total cost of units per un Goods Sold sed Goods Sold Goods Sold ending intory 57305 5735 Cover Ending 123 3.200 17:30 23,300 De inventory Purchase August Auto August 28 6.70 620 16.000 9.000 5.200 34.000 107.200 50530 39.100 220-2401 6.70 6.20 5.60 6.30 6.20 5.80 620 5.80 0 S 1 05 0 $ 5
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
