XYZ Company purchased 10 widgets on June 2 for $15 each and 15 more widgets on June 10 for $20 each. On June 15, the company sold 12 widgets. Which of the following statements regarding inventory and cost of goods sold as of June 15 is correct?

O Ending inventory is lower using FIFO than it would be using average cost.

O Ending inventory is higher using FIFO than it would be using average cost.

O Ending inventory is the same using either FIFO or average cost.

O Cost of goods sold is higher using FIFO than it would be using average cost.