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Hemming Company reponed the following currentyear purchases and sales for its only product. Aeculred: Hemining uses o perpetyal imentory sybem. L. Determine the costs pstigned

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Hemming Company reponed the following currentyear purchases and sales for its only product. Aeculred: Hemining uses o perpetyal imentory sybem. L. Determine the costs pstigned to ending imentory and to cost of goods sold using FiFo 2. Determine the costs assigned to ending imentory and to cost of goods sold using UFO. 3. Compute the gross profit for Fifo method and LFO method Complete this question by entering reur anwers in the tabs below. Determine the costs attigred te ending inventery and to cost ol goods sold usitig FtFO

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