Cortez company sells chairs that are used at computer stations. its beginning inventory of chairs was 90 units at $40 per unit. during the year, cortez made two batch purchases of this chair. the first was a 170-unit purchase at $45 per unit; the second was a 208-unit purchase at $48 per unit. during the period, it sold 288 chairs. requireddetermine the amount of product costs that would be allocated to cost of goods sold and endinginventory, assuming that cortez uses
a. fifo: b. lifo: c. weighted average: (round your intermediate calculations and final answers to the nearest whole dollar amount.)