For the Year Ended December 31 Sales revenue Cost of goods sold Gross profit Operating expenses Income from operations FIFO Weighted Average 5. This part of the question is not part of your Connect assignment. 6-a. Which inventory costing method may be preferred by Orion Iron Corp. for income tax purposes? FIFO Weighted average 6-b. This part of the question is not part of your Connect assignment. < Prev 3 of 5 Score answer