Cortez Company sells chairs that are used at computer stations. Its beginning inventory of chairs...

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Accounting

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 second was a 200-unit purchase at $72 per unit. During the period, it sold 270 chairs.
\table[[100,$60,],[150,$68,],[200,$72,270]]
Required
a1. Determine the amount of product costs that would be allocated to cost of goods sold, assuming that Cortez uses FIFO.
(Use the cells from the given information to complete this question.)
\table[[FIFO,,Units,Unit Cost,\table[[Cost of Goods],[Sold]]],[From beginning inventory,,100,@,,$60,=,$6,000
I need to be able to insert into excel. Pls included cell formulas (Ex: B4*B3 for each of these questions in the charfs)
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