(Solved): 4.Please fill in the same form as the one in the picture, otherwise I will not understand Requir ...

4.Please fill in the same form as the one in the picture, otherwise I will not understand?

Required information [The following information applies to the questions displayed below.] Altira Corporation provides the following information related to its inventory during the month of August 2024 : August 1 Inventory on hand-2,000 units; cost \( \$ 5.30 \) each. August 8 Purchased 8,000 units for \( \$ 5.50 \) each. August 14 Sold 6,000 units for \( \$ 12.00 \) each. August 18 Purchased 6,000 units for \( \$ 5.60 \) each. August 25 sold 7,000 units for \( \$ 11.00 \) each. August 28 Purchased 4,000 units for \( \$ 5.80 \) each. August 31 Inventory on hand-7,000 units. 2. Using calculations based on a perpetual inventory system, 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 August 2024 income statement using the Average cost method. Note: Round "Average Cost per Unit" to 2 decimal places.