Yount Company reports the following for the month of June.

Instructions
(a) Compute the cost of the ending inventory and (he cost of goods sold under
(I) FIFO
(2) Average-cost.
(b) Which costing method gives the higher ending inventory? Why?
(c) Which method results in the higher cost of goods sold?Why?

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Units 200 300 500 120 Unit Cost June Inventory 12 Purchase 23 Purchase 30 Inventory Total Cost $1.000 1.800 3.500 S5 6