Cortez Company selis chairs that are used at computer stations, its beginning inventory of chaits...
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Accounting
Cortez Company selis chairs that are used at computer stations, its beginning inventory of chaits was 240 units at $43 per unit. Durng the year. Cortez made two batch purchases of this chair. The first was a 295 -unit purchase at $48 per unit; the second was a 350 -unit purchase at $50 per unit. During the period, it sold 575 chairs. Required Determine the amount of product costs thot would be allocoted to cost of goods sold and ending inventory, assuming that Cortez uses a. FIFO b. LIFO. c. Weighted average. (Do not found intermediate calculations. Round your final answers to nearest whole doltar amount)
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