Check m 6 Required information [The following information applies to the questions displayed below.j Hemming Co. reported the following current-year purchases and sales for its only product. Part 1 of 3 Activities Units Acquired at Cost Date Jan. 1 Beginning inventory Jan.10 Sales Mar.14 Purchase Mar.15 Sales July30 Purchase Oct. 5 Sales Oct.26 Purchase Units Sold at Retai1 170 units $40.40 270 units $40.40 380 units $40.40 points 210 units $10.40 -$ 2,184 310 units @ $15.40 = 4.774 410 units $20.408,364 110 units $25.402,794 Skipped eBook Totals 1,040 units $18,116 820 units Hint Required Hemming uses a perpetual inventory system. Print 1. Determine the costs assigned to ending inventory and to cost of goods sold using FIFO 2. Determine the costs assigned to ending inventory and to cost of goods sold using LIFO 3. Compute the gross margin for FIFO method and LIFO method References Complete this questions by entering your answers in the below tabs Required Required 2 Required 3 Determine the costs assigned to ending inventory and to cost of goods sold using FIFO Perpetual FIFO