At the end of January, Mineral Labs had an inventory of 955 units, which cost $12 per unit to produce. During February the company produced 1,800 units at a cost of $16 per unit.

a. If the firm sold 2,650 units in February, what was the cost of goods sold? (Assume LIFO inventory accounting.)

Cost of goods sold- ?

b. If the firm sold 2,650 units in February, what was the cost of goods sold? (Assume FIFO inventory accounting.)

Costs of goods sold- ?