Aequired information The following infarmabion applies to the questians dispianed below] Hemming Company reported the following curtem-year purchases and soles for is only product. Hemming uses a periodic inventory system. (e) Determine the costs assigned to ending inventory and to cost of goods sold using FFF. (D) Determine the costs assigned to ending imventory and to cost of goods sold using LIFO. 19 Compute the gross profit for each method