E6-6 Moath Company reports the following for the month of June. Units Unit Cost Total Cost $1,000 2,400 2,100 $5 June 1 12 23 30 Inventory200 Purchase Purchase Inventory 100 400 300 Instructions (a) Compute the cost of the ending inventory and the cost of goods sold under (1) FIFO and (2) LIFO (b) Which costing method gives the higher ending inventory? Why? (c) Which method results in the higher cost of goods sold? Why