Kevin and Randy Muise have a jar containing 53 coins all of which are either quarters or nickels. The total value of the couns in the jar is $6.85 How many of each type of can do they have
The jar contains

quarters:

nickels:

2. using calculations based on a perpetual inventory system, 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 august 2021 income statement using the average cost method. (round "average cost per unit" to 2 decimal places.)