Barry Company purchased two identical inventory items. The item purchased first cost $700 and the item purchased second cost $9.00. Bamey sold one of the items for $12.00. Which of the folloing statements is true? Multiple Choice Ending inventony will be lower if Bamey uses weighted average than it wourd be if FIFO were used Cost of goods sold will be higher it Berney uses FIFO than it would be if weighted everage were used Ending inventory will be the same no matter which cost flow methad is usod Gross margin wa be higher if Barney uses LIFO than it FiFQ wer