Ravi made 6 identical necklaces, each having beads and a pendant. The total cost of the beads and pendants for all 6 necklaces was $31.80. If the beads cost a total of $18.60, how much did each pendant cost?

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.)