Please help me with these questions! Thanks. Need them now

100 5) Damaged goods are not counted in inventory if they cannot be sold. O True O False 6) A business that has inventory items that are ordinarily interchangeable may use either the FIFO or moving weighted average methods to assign costs to inventory. True False 7) An advantage of the moving weighted average method is that it tends to smooth out price changes. * VE O True O False PIE 8) In a period of inflation, FIFO usually gives a lower taxable income and thus a tax advantage. False O True