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Cortez Company sells chairs that are used at computer stations. Its beginning Inventory of chairs was 50 units at $20 per unit. During the year,

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Cortez Company sells chairs that are used at computer stations. Its beginning Inventory of chairs was 50 units at $20 per unit. During the year, Cortez made two batch purchases of this chair. The first was a 154-unit purchase at $23 per unit; the second was a 192-unit purchase at $24 per unit. During the period, it sold 264 chairs. Required Determine the amount of product costs that would be allocated to cost of goods sold and ending inventory, assuming that Cortez uses a. FIFO. FO Units Unit Cost Cost of Goods Sold FIFO Units Unit Cost Ending Inventory b. LIFO M ods LIFOI Units Unit Cost Sold TO .6 / / / 7 S Unit Cust Inventory otal ending inventory c. Weighted average: (Round your Intermediate calculations and final answers to the nearest whole dollar amount. Cost of goods sold units

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