Kiser Company reports the following for the month of June. Date Explanation Units Unit Cost Total Cost June 1 Inventory 239 $10 $2,390 June 12 Purchase 718 11 7,898 June 23 Purchase 957 13 12,441 June 30 Inventory 383 Compute the cost of the ending inventory and the cost of goods sold under (1) FIFO, (2) LIFO, and (3) average cost. (For average cost, round unit cost to 3 decimal places, e.g. 2.575. Round final answers to 0 decimal places, e.g. 5,775.) FIFO LIFO Average Cost Ending Inventory Cost of Goods Sold And Which costing method gives the highest ending inventory. Which costing method gives the highest cost of goods sold. How do the average-cost values for ending inventory and cost of goods sold relate to ending inventory and cost of goods sold for FIFO and LIFO? For ending inventory, average cost is higher/lower than LIFO and higher/lower than FIFO. For cost of goods sold, average cost is higher/lower than FIFO and higher/lower than LIFO