At the end of January, Mineral Labs had an inventory of 775 units, which cost $12 per unit to produce. During February, the company produced 900 units at a cost of $16 per unit.

a. If the firm sold 1,500 units in February, what was the cost of goods sold? (Assume LIFO inventory accounting.) Cost of goods sold $

b. If the firm sold 1,500 units in February, what was the cost of goods sold? (Assume FIFO inventory accounting.) Cost of goods sold $