Qucation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253 32F2Fnewconnect.mheducation.com%252F#/activity/ ercise for Points A Saved Help Save Exercise 5-3A Allocating product cost between cost of goods sold and ending inventory: multiple purchases LO 5-1 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 FIFO Units Unit Cost Cost of Goods Sold @ Total 1 of 1 1!! Nox