Week Three Discussion A There are four methods for inventory costing: LIFO, FIFO, weighted average and specific identification, What are the differences between each method? How does each method affect the balance sheet and the income statement? What do I mean when I say that inventory costing methods are not related to the physical flow of inventory? Please give an example. To answer this particular question, click the link above. Once you are in the forum, click the "Create Thread" button to view the question again, as well as, create and submit your