Required Information [The following information apples to the questions displayed below Hemming Co. reported the following current-year purchases and for only product Jan. 1 Beginning Svetry 10 Sales July Purchase Required Hemming uses a perpetual Inventory system. 1. Determine the costs assigned to ending inventory and to cost of goods sold using PIFO. 2. Determine the costs assigned to ending inventory and to cost of goods sold using UFO. 3. Compute the gross margin for FIFO method and UFO method Required Required Required Determine the costs assigned to ending Inventory and to cost of goods sold singur P UFO