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Cheyenne Corp. uses the periodic irventory system and reports the following for the month of June. Calculate Weighted Average Unit Cost. (Round answer to 2

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Cheyenne Corp. uses the periodic irventory system and reports the following for the month of June. Calculate Weighted Average Unit Cost. (Round answer to 2 decimal places, e3. 15.25.) Compute the cost of the ending inventory and the cost of goods sold using the average-cost method. (Round answers to 0 decimal places, es. 1.250.) The ending inventory The cost of goods sold eTextbook and Media Will the results in (a) be higher or lower than the results under FIFO and LIFO? Endinginventory is than FIFOS and than LIFOS In contrast, cost of goods sold is than FIFO \$ and than LIFOS

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