Cortez Company sells chairs that are used at computer stations. Its beginning inventory of chairs was $200$ units at $$47$ per unit. During the year, Cortez made two batch purchases of this chair. The first was a $265-$unit purchase at $$52$ per unit; the second was a $370-$unit purchase at $$54$ per unit. During the period, it sold $505$ chairs.

Required

Determine the amount of product costs that would be allocated to cost of goods sold and ending inventory, assuming that Cortez uses

Weighted average.