Retur Scoresby Inc tracks the number of units purchased and sold throughout each year but applies its inventory costing method at the end of the year as if it uses a periodic inventory system Assume its accounting records provided the following information at the end of the annual accounting period, December 31 Units cost 4,00 520 Transaction # Inventory. For the year Purchase. March EP, September 19 Sale, April 15 (sold for $per unit) . Sale, October (sold for the per unit) Ferating excluding Incot tax pense). 599.00 39 10,000 6.000 2.1 . Required 1. Calculate the number and cost of goods available for sale 2. Calculate the number of units ending inventory 3. Compute the cost of ending inventory and cost of goods sold under FIFO, LIFO, and weighted average cost 4. Prepare an income statement that shows the method UFO method and weighted average method 6. Which inventory costing method is income taxes Piev toft Now here to such O BI hp + theme 3 4 * 5 6 7 8 00 9 O - ca E 20 T Y U 1 O O P t ] 7 - D D F G H H J 2 K L . mer C 2 De C V B N M t shirt alt Ctrl Retur Scoresby Inc tracks the number of units purchased and sold throughout each year but applies its inventory costing method at the end of the year as if it uses a periodic inventory system Assume its accounting records provided the following information at the end of the annual accounting period, December 31 Units cost 4,00 520 Transaction # Inventory. For the year Purchase. March EP, September 19 Sale, April 15 (sold for $per unit) . Sale, October (sold for the per unit) Ferating excluding Incot tax pense). 599.00 39 10,000 6.000 2.1 . Required 1. Calculate the number and cost of goods available for sale 2. Calculate the number of units ending inventory 3. Compute the cost of ending inventory and cost of goods sold under FIFO, LIFO, and weighted average cost 4. Prepare an income statement that shows the method UFO method and weighted average method 6. Which inventory costing method is income taxes Piev toft Now here to such O BI hp + theme 3 4 * 5 6 7 8 00 9 O - ca E 20 T Y U 1 O O P t ] 7 - D D F G H H J 2 K L . mer C 2 De C V B N M t shirt alt Ctrl