Exercise 6-9 Swifty Corporation uses the periodic inventory system and reports the following for the month of June. Units Unit Cost Total Cost June 1 Inventory 220 $ 1,320 12 Purchase 440 8 3,520 23 Purchase 3,300 Inventory $6 MA . Your answer is correct Calculate Weighted Average Unit Cost. (Round answer to 2 decimal places, e.g. 15.25.) Weighted Average Unit Cost 8.222 LINN x Your answer is incorrect. Try again. Compute the cost of the ending inventory and the cost of goods sold using the average-cost method. (Round answer x Your answer is incorrect. Try again. Compute the cost of the ending inventory and the cost of goods sold using the average-cost method. (Round answers to o ded! The ending Inventory 1100 The cost of goods sold LINK TO TEXT x Your answer is incorrect. Try again. Will the results in (a) be higher or lower than the results under FIFO and LIFO? Ending inventory is OOOOO In contrast, cost of goods sold i O shafiro I . than LIFO In contrast, cost of goods sold is than FIFO $ Click if you would like to Show Work for this question: Open Show Work