A company just starting business made the following four inventory purchases in June June 1 150 units at $2.60 $ 390 June 10 200 units at $3.00 600 June 15 200 units at $3.20 640 June 28 150 units at $3.50 525 $2.155 A physical count of merchandise inventory on June 30 reveals that there are 200 units on hand. Instructions: Answer the following independent questions and show computations supporting your answers 1. Assume that the company uses the LIFO method. Determine the value of the ending inventory and the Cost of Goods Sold. LIFO I)Ending Inventory 2) CostdGoods Sold Units Unit Cox Total Cost Date II. Assume that the company uses the FIFO method. Determine the value of the ending inventory and the Cost of Goods Sold. 2) Cost of Goods Sold Ending Inventory Units Unit Cost Date Total Cost III. Assume that the company uses the average-Cost method. Determine the value of the ending inventory and the Cost of Goods Sold. AVERAGE-COST 1)Ending Inventory 2) Cost of Goods Sold Average cost per Unit Units Unit Cost Total Cost