Chapter 5 Homework Help Save & Exit Submit Check my work Tree Seedings has the following current year purchases and sales for its only product Motivities Beginning inventory Jan Unit Sold at Retail tnite rogaired at coat 160 vitae $2 - 320 110 let 2463 - 239 10 nits. 210 units. $ - $ 840 158 unit C S - 360 $2,238 Lunita Required: The company uses a perpetual inventory system a. Determine the costs assigned to ending inventory and to cost of goods sold using FIFO b. Determine the costs assigned to ending inventory and to cost of goods sold using UFO c. Compute the gross margin for each method. Complete this question by entering your answers in the tabs below. Required A Required Required Determine the costs assigned to ending inventory and to cost of goods coming fro Perpetual Good Purchased of Cost Inventory balance Cost of Goods Sold of units Cost per cost of Goods Proy of 2 11 Next > Check my Perpetual FIFO Goods Purchased Wot C oat par Cont of Goods Sold of units Cost per Cost of Goods Inventory Balance Cost per inventory Coste Selda January 1 points 100 50 @ @ $ 200 - $ 2.00 - $320.00 $100.00 January 3 110 @ 5 8.00 - $ 880.00 February 14 February 15 Doncs November 19 Prev 1 of 2 Next > Chapter 5 Homework Help Save & Exit Sul Check my wo Perpetual LIFO: Goods Purchased Cost pe Cost of Goods Sold units Cost per Cost of Goods Sold Inventory Balance Costerventory 160 @ $ 2.00 320.00 February February 15 Prev 1 of 2 Next > Chapter 5 Homework Help Save & Exit Check Nov. Sales Nov. 19 Purchase Totals 448 unita 75 points Required: The company uses a perpetual Inventory system. a. Determine the costs assigned to ending inventory and to cost of goods sold using FIFO. b. Determine the costs assigned to ending Inventory and to cost of goods sold using LIFO. c. Compute the gross margin for each method. eBook Complete this question by entering your answers in the tabs below. References Required A Required B Required Compute the gross margin for each method. FIFO: LIFO: Sales revenue Cost of goods sold Gross margin