*Exercise 6-8 (Part Level Submission) Kaleta Company reports the following for the month of June. Unit Cost June 1 Units 250 500 375 Total Cost $ 1,250 4,500 4,125 Inventory Purchase Purchase Inventory 12 23 30 125 *(a1) Calculate Weighted Average Unit Cost. (Round answer to 2 decimal places, e.g. 15.25.) Weighted Average Unit Costs *(a2) Compute the cost of the ending inventory and the cost of goods sold using the average-cost method. (Round answers to o decimal places, e.g. 1,250.) The ending Inventory The cost of goods sold *(b) Will the results in (a) be higher or lower than the results under FIFO and LIFO? Ending inventory is than FIFO $C and than LIFO $C In contrast, cost of goods sold is than FIFO and than LIFO C Delmar Company had beginning inventory of $90,000, ending inventory of $110,000, cost of goods sold of $600,000, and sales of $960,000. Delmar's days in inventory is: 60.8 days. 67.5 days. 54.3 days. 38.0 days. The following information was available for Pete Company at December 31, 2015: beginning inventory $90,000; ending inventory $70,000; cost of goods sold $984,000; and sales $1,350,000. Pete's inventory turnover in 2015 was 16.9 times. 10.9 times. 12.3 times. 14.1 times. Overstating beginning inventory will overstate stockholders' equity. assets. cost of goods sold. O net income