Pina Colada Corp. reports the following for the month of June. Units Unit Cost Total Cost June 1 Inventory 340 $4 $ 1,360 12 Purchase 680 7 4,760 23 Purchase 510 12 6,120 30 Inventory 170 Will the results in (a) be higher or lower than the results under FIFO and LIFO? Ending inventory is lower than FIFO $ 1360 and higher than LIFO $ In contrast, cost of goods sold is higher than FIFO $ and lomt than LIFO $