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Please prepare this writing project, do not plaigiarize, write 3-4 pages.

PROJECT INFORMATION :

You are a Senior Managerial Accountant at Kent Sporting Goods Inc., which manufactures water sporting equipment and athletic goods. Currently, the company uses the LIFO method to value inventory costs. Your boss has asked you to consider analyzing inventory valuation methods and their implications for switching to FIFO or the Weighted Average method.

PROJECT REQUIREMENTS:

Please prepare 3-4 pages of Analyzing inventory valuation methods: LIFO, FIFO, and the Weighted Average Methods. The writing should include the advantages and disadvantages of the three methods, factors that should be considered in selecting each method, and the financial statement implications of switching from LIFO to each of the other valuation methods. Finally, make a recommendation based on your research as to which valuation method Kent Sporting Goods, Inc. should use.

Writing, using software, and interpreting results is a large part of your learning experience. These assignments are designed to improve your use of technology and communication skills. Using proper business English and resources from the library, you will comment and share your research with your classmates. Make sure you note your source in proper APA format.

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