Question: Not sure why the cost is wrong but everything else is right. Part one of the wuestion Part two of the question Cortez Company sells
Not sure why the cost is wrong but everything else is right.

Part one of the wuestion

Part two of the question



Cortez Company sells chairs that are used at computer stations. Its beginning inventory of chairs was 100 units at $60 per unit. During the year, Cortez made two batch purchases of this chair. The first was a 150 -unit purchase at \$68 per unit; the camand was a 30n-nit nurrhase at $77 ner unit. During the neriod, it sold 270 chairs. the given information to complete this question.) a2. Determine the amount of product costs that would be allocated to ending inventory, assuming that Cortez uses FIFO. (Use the cells from the given information to complete this question.) b2. Determine the amount of product coste that would be allocated to ending inventory, assuming that Cortez uses LFO (Use the cells from the given information to complete this question.)
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