options:

FIFO

weighted average

LIFO

all methods would show the same amount

Question 5 16 pts Match each statement below with the appropriate Inventory costing method. Select your answer by clicking in the drop down box to the right of each statement. Answer choices may be used once, more than once, or not at all. [Choose) This inventory costing method shows cost of goods sold on the income statement at the most current inventory costs during a period of inflation [Choose) This inventory costing method results in the highest amount of income tax expense reported on the income statement during a period of deflation [Choose This inventory costing method results in the highest amount of ending inventory during a period of deflation [ Choose This inventory costing method would report the highest amount of gross profit on the Income statement during a period of intiation