Windsor Company, Ltd. reports the following for the month of June. Date Explanation Units Unit Cost Total Cost Inventory 492 4 1,968 June 1 12 23 30 Purchase Purchase Inventory 738 1,230 394 7 10 5,166 12,300 Compute the cost of the ending inventory and the cost of goods sold under FIFO and average-cost. (Round per unit cost to 2 decimal places, e.g. 15.25 and final answers to 0 decimal places, e.g. 125.) FIFO AVERAGE-COST The cost of the ending inventory The cost of goods sold 5 E Which costing method gives the higher ending inventory? method produces the higher ending inventory. Which method results in the higher cost of goods sold? method produces the higher cost of goods sold