LoDo Designs sells smart phone cases that are custom designed by local artists. Its beginning inventory of cases was 162 units at $35 per unit. During the year, Cortez made two batch purchases of these cases. The first was a 206-unit purchase at $38 per unit; the second was a 280-unit purchase at $41 per unit. During the period, it sold 522 cases. Required: Determine the amount of product costs that would be allocated to cost of goods sold and ending inventory, assuming that LoDo Designs uses FIFO. LIFO