Dexter Company reported the following information for the month of February: Inventory, Feb. 1 65 units @ $20 Purchases: Feb. 7 50 units @$22 Feb. 18 60 units @$23 Feb. 27 45 units @$24 During February, Dexter sold 155 units and has 65 units left on hand at the end of the month. Required: (1) Please compute the cost of ending inventory and cost of goods sold under: a). Weighted average cost method b). FIFO c). LIFO (2). If you are the Vice President of finance for Dexter Company, which inventory costing method would you choose? Why