Required:Compute the amount of goods available for sale,ending inventory, costs of goods sold, at January 31. The inventory's selling price is 8$ a unit.Compute the amount of goods available for sale at January 31 under each of the following inventory costing methods.Part 1a.Weighted average cost B.first in first outC. Last in last outD. Specific Identification, assuming that January 10 sale was from the beginning inventory and the Jan 17 sale was from the Jan 12 purchase.Part2.B Of the four methods, which will result in the highest gross profits? Part2 A. Of the four methods, which will result in the lowest income tax?

ducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fualearn.blackboard.com%252Fwebapps... L i Saved Help Save & Exit Sub Mojo Industries tracks the number of units purchased and sold throughout each accounting period but applies its inventory costing method at the end of each period, as if it uses a periodic inventory system. Assume its accounting records provided the following information at the end of the accounting period, January 31. The inventory's selling price is $8 per unit. Unit Transactions Cost Units Total Cost Inventory, January 1 $ 2.00 200 $ 400 Sale, January 10 (140) Purchase, January 12 2.50 250 625 Sale, January 17 (100) Purchase, January 26 3.50 50 175 Required