Exercise 6-8 Moath Company reports the following for the month of June. Units Unit Cost Total Cost June 1 Inventory 560 $5 $ 2,800 12 Purchase 1,120 7 7,840 23 Purchase 840 10 8,400 30 Inventory 280 Calulate Weighted Average Unit Cost. (Round answer to 2 decimal places, e.g. 15.25.) Weighted Average Unit Cost $ Compute the cost of the ending inventory and the cost of goods sold using the average-cost method. (Round answers to 0 decimal places, e.g. 1,250.) The ending inventory $ The cost of goods sold $ LINK TO TEXT Will the results in (a) be higher or lower than the results under FIFO and LIFO? Ending inventory is than FIFO $ and than LIFO $. In contrast, cost of goods sold is than FIFO $ and than LIFO $.