Exercise 6-6 Kaleta Company uses a periodic system and reports the following for the month of June. Unit Cost $4 June 1 12 23 30 Inventory Purchase Purchase Inventory Units 316 632 474 158 Total Cost $ 1,264 5,056 5,214 11 Compute the cost of the ending inventory and the cost of goods sold under FIFO and LIFO. FIFO LIFO Cost of the ending inventory s Cost of goods sold LINK TO TEXT Which costing method gives the higher ending inventory? Which costing method gives the higher ending inventory? LIFO method Average-cost method FIFO method Which method results in the higher cost of goods sold