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I Need help to Determine the cost assigned to ending inventory and cost of goods sold using LIFO Required Information Use the following information for

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Required Information Use the following information for the Exercises 810 below. (Algo) [The following information applies to the questions atsplayed below] Hemming Company reponed the following current-year purchases and sales for its only product Exercise 5-8 (Algo) Perpetual: Inventory costing methods-FIFO and LIFO LO P1 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 profit for FIFO method and LFO method. Required information 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 UFO 3. Compute the gross profit for FIFO method and LIFO method. Complete this question by entering your answers in the tabs below. Determine the costs assigned to ending inventory and to cost of goods sold using UFO

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