Whispering Winds Corp. uses a periodic inventory system and reports the following for the month of June. Date Units 100 June 1 Explanation Inventory Purchase Purchase Inventory 12 Unit Cost Total Cost $5 $ 500 6 2,280 380 23 7 1,400 200 202 30 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, es. 15.647 and final answers to decimal places, c.8.5,125.) FIFO LIFO Average-cost Cost of the ending Inventory $ 4180 1412 $ Cost of goods sold 2768 $ eTextbook and Media Which costing method gives the highest ending inventory? The highest cost of goods sold? Highest ending inventory Highest cost of goods sold 23 Purchase 200 7 1.400 30 Inventory 202 LIFO 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, es, 15.647 and final answers to O decimal places, eg. 5,125) FIFO Average-cost Cost of the ending inventory Cost of goods sold 4180 $ 1412 $ 2768 eTextbook and Media Which costing method gives the highest ending inventory? The highest cost of goods sold? Highest ending inventory Highest cost of goods sold LIFO method FIFO method Average-cost method e Textbook and Media