Exercise 6-7 Sheridan Company reports the following for the month of June Unit Cost Total Cost Units June 1 Inventory 404 12 Purchase 808 23 Purchase 606 30 Inventory 202 $3 $ 1,212 5,656 6,060 10 xYour answer is incorrect. Try again 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