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. required determine the amount of product costs that would be allocated to cost of goods sold and ending inventory, assuming that cortez uses fifo. lifo. weighted average.

Rolston music company is considering the sale of a new sound board used in recording studios. the new board would sell for $27,200, and the company expects to sell 1,570 per year. the company currently sells 2,070 units of its existing model per year. if the new model is introduced, sales of the existing model will fall to 1,890 units per year. the old board retails for $23,100. variable costs are 57 percent of sales, depreciation on the equipment to produce the new board will be $1,520,000 per year, and fixed costs are $1,420,000 per year.if the tax rate is 35 percent, what is the annual ocf for the project?