Please show work for each part.

Instructions Compute the ending inventory at May 31 and cost of goods sold using the FIFO and LIFO methods. Prove the amount allocated to cost of goods sold under each method. E6-7 Kaleta Company reports the following for the month of June. Units Unit Cost Total Cost June Inventory 200 400 300 100 $1,000 2,400 2,100 $5 12 Purchase 23 Purchase 30 Inventory Instructions (a) Compute the cost of the ending inventory and the cost of goods sold under (1) FIFCo and (2) LIFO (b) Which costing method gives the higher ending inventory? Why? (c) Which method results in the higher cost of goods sold? Why