Chopin Company sells product A. The beginning inventory for product A was 86 units @ $256 per unit. During the year, Chopin purchased 126 units of product A at $232 per unit. The company sold 156 units of product A @ $416 per unit at the end of the year. Required: Determine the amount of product cost that would be allocated to cost of goods sold and ending inventory using (1) FIFO, (2) LIFO, and (3) weighted average. Note: Do not round intermediate calculations and round your final answers to the nearest whole dollar. 1. FIFO 2 LIFO 3. Weighted average Cost of Goods Sold Ending Inventory

Chopin Company sells product A. The beginning inventory for product A was 86 units a $256 per unit. During the year. Chopin purchased 126 units of product A at \$232 per unit. The company sold 156 units of product A $416 per unit at the end of the year. Required: Determine the amount of product cost that would be allocated to cost of goods sold and ending inventory using (1) FIFO. (2) LFO, and 3) weighted average. Note: Do not round intermediate calculations ond round your final answers to the nearest whole dollar