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need some help please and thank you!:) Requlred information [The following information applles to the questions disployed beiow]. Herrining Company reported the following current-year purchases
need some help please and thank you!:) Requlred information [The following information applles to the questions disployed beiow]. Herrining Company reported the following current-year purchases and sales for its only product. Required: Henming uses a gerpetual inventory syster. 1. Deternine the costs assigned to ending itwentory and to cost of goods sold using fifo 2. Determine the costs assigned to ending ioventory and to cost of goods soid using tifo. 3. Compute the gross profit for FIFO method and UFO methed. Complete this question tiy entering your answers in the tabs below. Recuired information Required: Hemming uses a perpetual inventory system. 1. Determine the costs assigned to ending inventory and to cost of goods sold usi 2. Determine the costs assigned to ending inventory and to cost of goods sold us 3. Compute the gross profit for FIFO method and LIFO method. Complete this question by entering your answers in the tabs below. Compute the gross profit for FIFO method and LIFO method
need some help please and thank you!:)
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