Ayayai Company reports the following for the month of June. Date Explanation Units Unit Cost Total Cost June 1 Inventory 180 $7 $1,260 12 Purchase 420 8 3,360 23 Purchase 600 9 5.400 30 Inventory 224 Compute the cost of the ending inventory and the cost of goods sold under FIFO, LIFO, and average cost. (Round average cost per unit to 2 decimal places, eg. 5.25 and final answers to decimal places, es 2.520.) FIFO LIFO AVERAGE COST Ending inventory Cost of goods sold $ $ Compute the cost of the ending inventory and the cost of goods sold under FIFO, LIFO and average cost. (Round average cost per unit to 2 decimal places, s. 5.25 and final answers to decimal places, es 2,520) FIFO LIFO AVERAGE COST Ending inventory Cost of goods sold $ $ Which costing method gives the highest ending inventory? The highest cost of goods sold? costing method gives the highest ending Inventory method will produce the highest cost of goods sold. Save for Later