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Requlred information The following infomabon applies to the questions dispiaynd below). Hemrning Company reported the following currentyear purchases and sales for its only proc Required: Hemming uses a perpetual itwentory system. 1. Determine the costs itssigned to ending inventory and to cost of goods soid using FIFO. 2. Determine the costs assigned to ending inventory and to cost of goods sold using UFO 3. Compunte the gross profit for FIFO method and UFO 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 FiFo Determine the costs assianed to endina inventorv and to cost of aoods sold usina FIFO. 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 FFFO 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 LIFO. Required information [The following information applies to the questions disployed below] Hemming Company reported the following current-year purchases and sales for its only product 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 UFO method Complete this question by entering your answers in the tobs below. Compute the gross profit for FFFo method and uFo methad. Requlred information The following infomabon applies to the questions dispiaynd below). Hemrning Company reported the following currentyear purchases and sales for its only proc Required: Hemming uses a perpetual itwentory system. 1. Determine the costs itssigned to ending inventory and to cost of goods soid using FIFO. 2. Determine the costs assigned to ending inventory and to cost of goods sold using UFO 3. Compunte the gross profit for FIFO method and UFO 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 FiFo Determine the costs assianed to endina inventorv and to cost of aoods sold usina FIFO. 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 FFFO 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 LIFO. Required information [The following information applies to the questions disployed below] Hemming Company reported the following current-year purchases and sales for its only product 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 UFO method Complete this question by entering your answers in the tobs below. Compute the gross profit for FFFo method and uFo methad