$60 $68 200 $72 270 Cortez Company sells chairs that are used at computer stations. Its beginning inventory of chairs was 100 units at $60 per unit. During the year, Cortez made two batch purchases of this chair. The first was a 150-unit purchase at $68 per unit; the second was a 200-unit purchase at $72 per unit. During the period, it sold 270 chairs. Required a1. Determine the amount of product costs that would be allocated to cost of goods sold, assuming that Cortez uses FIFO. (Use the cells from the given information to complete this question.) 100 150 FIFO Units Unit Cost Cost of Goods Sold Total 5 a2. Determine the amount of product costs that would be allocated to ending inventory, assuming that Cortez uses FIFO. B + 18 B C D E 19 (Use the cells from the given information to complete this question.) 20 LL F G 21 FIFO 222222222 23 24 29 25 Units Unit Cost Ending Inventory 26 b1. Determine the amount of product costs that would be allocated to cost of goods sold, assuming that Cortez uses LIFO. 27 28 (Use the cells from the given information to complete this question.). 30 LIFO Units Unit Cost Cost of Goods Sold 31 32 33 34 Total 35 36 b2. Determine the amount of product costs that would be allocated to ending inventory, assuming that Cortez uses LIFO. 37 36 62. Determine the amount of product costs that would be allocated to ending inventory, assuming that Cortez uses LIFO. 37 38 (Use the cells from the given information to complete this question.) 39 40 LIFO 41 42 Units Unit Cost Ending Inventory 43 Total ending inventory 44 45 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. 46 47 (Use the cells from the given information to complete this question.) 48 49 50 Cost of goods sold 51 Ending inventory units units