Question: Answer is not complete. Complete this question by entering your answers in the tabs below. Calculate the number and cost of goods available for sale.

 Answer is not complete. Complete this question by entering your answers
in the tabs below. Calculate the number and cost of goods available
for sale. Complete this question by entering your answers in the tabs
below. Compute the cost of ending inventory and cost of goods sold
under (a) FIFO, (b) LFFO, and (c) weighted average cost. (x) Answer
is not complete. Complete this question by entering your answers in the

Answer is not complete. Complete this question by entering your answers in the tabs below. Calculate the number and cost of goods available for sale. Complete this question by entering your answers in the tabs below. Compute the cost of ending inventory and cost of goods sold under (a) FIFO, (b) LFFO, and (c) weighted average cost. (x) Answer is not complete. Complete this question by entering your answers in the tabs below. Calculate the number of units in ending inventory. Answer is not complete. Complete this question by entering your answers in the tabs below. Prepare an income statement that shows the FIFO method, LIFO method and weighted average method. Answer is not complete. Complete this question by entering your answers in the tabs below. Which inventory costing method minimizes income taxes? E7.9 (Static) Analyzing and Interpreting the Financial Statement Effects of FIFO, LIFO, and Weighted Average Cost [LO 7-3] Scoresby Incorporated tracks the number of units purchased and sold throughout each year but applies its inventory costing method at the end of the year, as if it uses a periodic inventory system. Assume its accounting records provided the following information at the end of the annual accounting period, December 31 Required: 1. Caiculate the number and cost of goods available for sale 2. Calculate the number of units in ending inventory. 3. Compute the cost of ending inventory and cost of goods soid under (o) FIFO, (b) UFO, and (c) weighted average cost. 4. Prepare an income statement that shows the FIFO method, LIFO method and weighted average method: 6. Which inventory costing method minimizes income takes

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