Question 9 of 13 Skysong, Inc. uses a periodicinventory system and reports the following for the month of June. Date June 1 12 23 30 Explanation Inventory Purchase Purchase Inventory Units 130 390 Unit Cost $5 6 7 Total Cost $ 650 2.340 1,540 220 224 (a) * Your answer is incorrect. Compute the cost of the ending inventory and the cost of goods sold under FIFO. LIFO, and average-cost. (Round per unit cost to 3 decimal places, eg. 15.647 and final answers to decimal places, eg. 5,125.) FIFO LIFO Average-cost 1720 $ 1370 $ 1531 Cost of the ending Inventory Cost of goods sold $ 2690 $ 3040 $ 2879 e Textbook and Media