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Blossom Company reports the following for the month of June. Unit Units Total Cost Cost June 1 Inventory 429 $3 $1,260 12 Purchase 840 8

Blossom Company reports the following for the month of June. Unit Units Total Cost Cost June 1 Inventory 429 $3 $1,260 12 Purchase 840 8 6,720 23 Purchase 630 11 6,930 30 Inventory 210 Will the results in (a) be higher or lower than the results under FIFO and LIFO? Ending inventory is than FIFO $ In contrast, cost of goods sold is than FIFO $ and than LIFO $ and than LIFO S

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