3 Cortez Company sells chairs that are used at computer stations. Its beginning inventory of chairs was 80 units at $35 per unit. During the year, Cortez made two batch purchases of this chair. The first was a 166-unit purchase at $40 per unit; the second was a 204-unit purchase at $42 per unit. During the period, it sold 282 chairs. Required a-1. Determine the amount of product costs that would be allocated to cost of goods sold, assuming that Cortez uses FIFO. a-2. Determine the amount of product costs that would be allocated to ending Inventory, assuming that Cortez uses FIFO. b-1. Determine the amount of product costs that would be allocated to cost of goods sold, assuming that Cortez uses LIFO. b-2 Determine the amount of product costs that would be allocated to ending inventory, assuming that Cortez uses LIFO. c. Determine the amount of product costs that would be allocated to cost of goods sold and ending inventory, assuming that Cortez uses Weighted average 04:01:04 Complete this question by entering your answers in the tabs below. Reg A1 Req A2 Reg 1 Req B2 ReqC Determine the amount of product costs that would be allocated to cost of goods sold, assuming that Cortex uses FIFO. FIFO Units Unit Cost Cost of Goods Sold B Total vic SOM OG ER SUOMI 3 Cortez Company sells chairs that are used at computer stations. Its beginning inventory of Chairs was 80 units at $35 per unit, During the year, Cortez made two batch purchases of this chair. The first was a 166-unit purchase at $40 per unit; the second was a 204-unit purchase at $42 per unit. During the period, it sold 282 chairs. Required a-1. Determine the amount of product costs that would be allocated to cost of goods sold, assuming that Cortez uses FIFO. a-2. Determine the amount of product costs that would be allocated to ending inventory, assuming that Cortez uses FIFO b-1. Determine the amount of product costs that would be allocated to cost of goods sold, assuming that Cortez uses LIFO. b-2 Determine the amount of product costs that would be allocated to ending inventory, assuming that Cortez uses LIFO. c. Determine the amount of product costs that would be allocated to cost of goods sold and ending inventory, assuming that Cortez uses Weighted average. 04:00:49 Complete this question by entering your answers in the tabs below, Reg A1 Reg A2 Req B1 Req 82 Reqc Determine the amount of product costs that would be allocated to ending Inventory, assuming that Cortez uses FIFO. Ending FIFO Units Unit Cost Inventory Help Save & Exit Submit 3 Cortez Company sells chairs that are used at computer stations. Its beginning inventory of choirs was 80 units at $35 per unit During the year, Cortez made two batch purchases of this chair. The first was a 166-unit purchase at $40 per unit, the second was a 204 unit purchase at $42 per unit. During the period, it sold 282 chairs, Required 3-1. Determine the amount of product costs that would be allocated to cost of goods sold, assuming that Cortez uses FIFO a 2. Determine the amount of product costs that would be allocated to ending inventory, assuming that Cortez uses RIFO. b-1. Determine the amount of product costs that would be allocated to cost of goods sold, assuming that Cortez uses LIFO b-2 Determine the amount of product costs that would be allocated to ending inventory, assuming that Cortez uses LIFO c. Determine the amount of product costs that would be allocated to cost of goods sold and ending inventory, assuming that Cortez uses Weighted average. 8 0400:34 Complete this question by entering your answers in the tabs below. Reg A2 Rec Reg 2 Req AL ReqC Determine the amount of product costs that would be allocated to cost of goods sold, assuming that corter uses LIFO. Units Unit Cost Cost of Goods Sold LIFO Total A2 3 Cortez Compony sells chairs that are used at computer stations. Its beginning inventory of chairs was 80 units at $35 per unit. During the year. Cortez made two batch purchases of this chair. The first was a 166-unit purchase at $40 per unit; the second was a 204-unit purchase at $42 per unit. During the period. It sold 282 chairs. Required #-1. Determine the amount of product costs that would be allocated to cost of goods sold, assuming that Cortez uses Fifo. a-2. Determine the amount of product costs that would be allocated to ending inventory, assuming that Cortez uses FIFO. b-1. Determine the amount of product costs that would be allocated to cost of goods sold, assuming that Cortez uses LIFO. b-2 Determine the amount of product costs that would be allocated to ending inventory, assuming that Cortez uses LIFO. c. Determine the amount of product costs that would be allocated to cost of goods sold and ending inventory, assuming that Cortez uses Weighted average 04.00.16 Complete this question by entering your answers in the tabs below. Reg A1 Reg A2 Req B1 Reg B2 Regc Determine the amount of product costs that would be allocated to ending inventory, assuming that Cortez uses LIFO. LIFO Units Unit Cost Ending Inventory Total ending inventory Mc GE 3 Cortez Company sells chairs that are used at computer stations. Its beginning inventory of chairs was 80 units at $35 per unit. During the year, Cortez made two batch purchases of this chair. The first was a 166-unit purchase at $40 per unit; the second was a 204 unit purchase at $42 per unit. During the period, it sold 282 chairs, Required a-1. Determine the amount of product costs that would be allocated to cost of goods sold, assuming that Cortez uses FIFO. a-2. Determine the amount of product costs that would be allocated to ending inventory, assuming that Cortez uses FIFO, b-1. Determine the amount of product costs that would be allocated to cost of goods sold, assuming that Cortez uses LIFO. b-2 Determine the amount of product costs that would be allocated to ending inventory, assuming that Cortez uses LIFO c. Determine the amount of product costs that would be allocated to cost of goods sold and ending inventory, assuming that Cortez uses Weighted average. 03:59:12 Complete this question by entering your answers in the tabs below. Reg A1 Reg A2 Reg 31 Reg B2 Reg Determine the amount of product costs that would be allocated to ending Inventory, assuming that Cortez uses LIFO. LIFO Unit Cost Ending Inventory Units Total ending inventory AN Next 3 Cortez Company sells chairs that are used at computer stations. Its beginning inventory of chairs was 80 units at $35 per unit. During the year, Cortez made two batch purchases of this chair. The first was a 166-unit purchase at $40 per unit, the second was a 204-unit purchase at $42 per unit. During the period, it sold 282 chairs, Required a-1. Determine the amount of product costs that would be allocated to cost of goods sold, assuming that Cortez uses FIFO. a-2. Determine the amount of product costs that would be allocated to ending inventory, assuming that Cortez uses FIFO. b-1. Determine the amount of product costs that would be allocated to cost of goods sold, assuming that Cortez uses LIFO. b-2 Determine the amount of product costs that would be allocated to ending inventory, assuming that Cortez uses LIFO. c. Determine the amount of product costs that would be allocated to cost of goods sold and ending Inventory, assuming that Cortez uses Weighted average. 8 03:59:02 Complete this question by entering your answers in the tabs below. Reg A1 Reg A2 Reg 31 Reg B2 Reqc Determine the amount of product costs that would be allocated to cost of goods sold and ending inventory, assuming that Cortez uses Weighted average. (Round your intermediate calculations and final answers to the nearest whole dollar amount.) . Cost of goods sold Ending inventory units units