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 $ The cost of goods sold $ eTextbook and Media Will the results in (a) be higher or lower than the results under FIFO and LIFO? Ending inventory is than FIFO $ and than LIFO $ In contrast, cost of goods sold is than FIFO $ and than LIFO $Kingbird, Inc. reports the following for the month of June. Units Unit Cost Total Cost June 1 Inventory 400 $4 $ 1,600 12 Purchase 800 7 5,600 23 Purchase 600 10 6,000 30 Inventory 200 Calculate Weighted Average Unit Cost. (Round answer to 2 decimal places, e.g. 15.25.) Weighted Average Unit Cost