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At the end of January, Mineral Labs had an inventory of 855 units, which cost $8 per unit to produce

Finance

At the end of January, Mineral Labs had an inventory of 855 units, which cost $8 per unit to produce. During February the company produced 1,300 units at a cost of $12 per unit. 
a. it me firm sold 1,650 units in February, what was the cost of goods sold? (Assume LIFO inventory accounting.) 

b. If the firm sold 1,650 units in February, what was the cost of goods sold? (Assume FIFO inventory accounting.) 
 

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