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Orion lren Corporation tracks the number of units purchased and sold throughout each year but applles its inventory costing method at the end of the

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Orion lren Corporation tracks the number of units purchased and sold throughout each year but applles its inventory costing method at the end of the yeat, as if it uses a periodic itventory system. Assume its accounong records proviled the foliowing information at the end of the annual accounting period, December 31. 1. Calcutate the number and cost of goods ayvailable for sale. 2. Calculate the number of units in ending imventory 3. Compote the cost of ending imventory and cost of goods sold under (a) FFO, (oy uFO, and (C) weighted averege cost. 4. Piepare an income statement that show under the FIFO method, LFO method and welghted average metfod 6. Which imentory cesting method minimizes income taxos? Complete this question by entering your answers in the tabs below. Cakcuate the number and cuat of pocas avaliable for sule. Complete this question by entering your answers in the tabs below. Calculate the number of units in ending inventory. Compute the cost of ending inventory and cost of goods sold under (a) FIFO, (b) LIFO, and (c) weighted average cost (Da nel round intermediate calculations. Round your final answers to the nearest dollar amount.) Prepare an income Statement that shows under the FIFO method, LIFO method and weighted average method

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