Blossom Company reports the following for the month of June. Unit Units Total Cost Cost June 1 Inventory 420 $3 $1,260 12 Purchase 840 8 6,720 23 Purchase 630 11 6,930 30 Inventory 210 Calculate Weighted Average Unit Cost. (Round answer to 2 decimal places, e.g. 15.25.) Weighted Average Unit Cost $ 7.89 (a2) Attempts: 1 of 5 used Your answer is correct. Compute the cost of the ending inventory and the cost of goods sold using the average-cost method. (Round answers to 0 decimal places, e.g. 1,250.) The ending inventory $ 1657 The cost of goods sold $ 13253 Your answer is partially correct. Will the results in (a) be higher or lower than the results under FIFO and LIFO? ntory is lower than FIFO $ 4935 and higher than LIFO $ 3885 cost of goods sold is higher than FIFO S 17080 and lower than LIFO S 18130