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*Exercise 6-07 a-c Oriole Company uses a periodic system reports the following for the month of June. Unit Cost Units Total Cost 210 450 June

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*Exercise 6-07 a-c Oriole Company uses a periodic system reports the following for the month of June. Unit Cost Units Total Cost 210 450 June 1 12 23 30 Inventory Purchase Purchase Inventory $4 5 6 $ 840 2,250 1,980 330 100 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? Which method results in the higher cost of goods sold

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