year E6.9 (LO 2) Inventory data for Kaleta Company are presented in E6.7 Instructions a. Compute the cost of the ending inventory and the cost of goods sold using the average-cost method. (Round average cost per unit to nearest cent) b. Will the results in (a) be higher or lower than the results under (1) FIFO and (2) LIFO? c. Why is the average unit cost not $6? year E6.9 (LO 2) Inventory data for Kaleta Company are presented in E6.7 Instructions a. Compute the cost of the ending inventory and the cost of goods sold using the average-cost method. (Round average cost per unit to nearest cent) b. Will the results in (a) be higher or lower than the results under (1) FIFO and (2) LIFO? c. Why is the average unit cost not $6