Question 9 of 11 Sarasota Corp uses a periodic inventory system and reports the following for the month of June Date Explanation Units Unit Cost June 1 Inventory $4 Purchases Purchases Inventory 12 23 30 The cost of goods sold 86 344 215 195 The cost of the ending inventory $ 6 (a) Compute the cost of the ending inventory and the cost of goods sold under FIFO, LIFO, and average-cost. (For calculation purposes, round average cost to 3 decimal places, eg. 5.275. Round answers to O decimal places, eg 125) $ 8 Total Cost $344 2064 1,720 FIFO $ $ A D F LIFO % 10 11 S 5 -141 0 Average-Cost ING 15 40M 2001-06-2