Kaleta Company reports the following for the month of June. Units Unit Cost Total C June 1 Inventory560 12 Purchase1,120 23 Purchase 840 30 Inventory 280 $5 $2,800 7,840 9,240 Compute the cost of the ending inventory and the cost of goods sold under FIFO and LIFO. The cost of the ending i The cost of goods sold Which costing method gives the higher ending inventory? Which method results in the higher cost of goods sold? Sons Ios. All Rights Reserved. A Division of