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Exercise 211 Monty Company reports the following for the month of June. Date June 1 12 23 Explanation Inventory Purchase Purchase Units 225 525 750 Unit Cost $6 7 8 Total Cost $1,350 3,675 6,000 30 Inventory 280 Compute the cost of the ending inventory and the cost of goods sold under FIFO, LIFO, and average cost. (Round average cost per unit to 2 decimal places, e.g. 5.25 and final answers to decimal places, e.g. 2,520.) FIFO LIFO AVERAGE COST Ending enter a dollar amount enter a dollar amount enter a dollar amount inventory Cost of goods Senter a dollar amount Senter a dollar amount $enter a dollar amount sold Which casting method gives the highest ending inventory? The highest cost of goods sold? select a method costing method gives the highest ending inventory. method will produce the highest cost of goods sold. select a method