Hemming Co. reported the following current-year purchases and sales for its only product an. 1 Beginning inventory Jan.10 Sales Mar. 14 Purchase Har. 15 Sales Duly 30 Purchase Oct. 5 Sales Oct.26 Purchase 280 units$13.20 3,696 46e units$18.20- 8,372 480 units 23.2011,136 10enits @ $28.20 5,076- 240 units 543.20 410 units $43.20e 450 units $43.20 Totals 1,409 units $28,280 1,100 units Required Hemming uses a perpetual inventory system 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 Complete this questions by entering your answers in the below tabs. Required 1 Required 2Required 3 Determine the costs assigned to ending inventory and to cost of goods sold using FIFO PerpetualEIEO: Cost of Goods Sold Inventory Balance 11/3/2017 e to search DOLL