Accounting for merchandise inventory is done using different methods, assignment help

Primary Task Response: Within the Discussion Board area, write 300400 words that respond to the following questions with your thoughts, ideas, and comments. This will be the foundation for future discussions by your classmates. Be substantive and clear, and use examples to reinforce your ideas. Accounting for merchandise inventory is done using different methods. Write a report discussing three different methods (3 inventory costing methods (specific identification, FIFO, LIFO, and/or weighted average). In the report, identify 2 reasons why a business would choose that particular method. 300-400 words1-2 references