16. The following information is for Blakemore Company for 20134 e Beginning inventory 300 units @ $12 Purchase April 8 150 units @ $14 Purchase September 12 250 units @ $16 Sales 590 units for $20 each " Required: Assuming that Blakemore uses the FIFO cost flow method, a) How much product cost would be allocated to Cost of Goods Sold? b) How much product cost would be allocated to Merchandise Inventory at the end of the year? c) Calculate the average number of days to sell inventory for the year