Current Attempt in Progress Your answer is incorrect. In its first month of operations, Blossom Company made three purchases of merchandise in the following sequence: (1) 150 units at $5.(2) 400 units at $6, and (3) 150 units at $7. Assuming there are 300 units on hand, compute the cost of the ending inventory under the (a) FIFO method and (b) LIFO method. Blossom uses a periodic inventory system FIFO (a) Cost of the ending inventory $ LIFO b) Cost of the ending inventory e Textbook and Media Save for Later Attempts: 1 of 3 used Submit Auer