Blossom Company reports the following for the month of June. Units Unit Cost $6 9 June 1 Inventory 12 Purchase 23 Purchase 30 Inventory 508 1,016 762 Total Cost $3,048 9,144 9,144 12 254 Compute the cost of the ending inventory and the cost of goods sold under FIFO and LIFO. FIFO LIFO Cost of the ending inventory $ $ $ Cost of goods sold $ $ Which costing method gives the higher ending inventory? e Textbook and Media Which method results in the higher cost of goods sold? FIFO method LIFO method s Average-cost method