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Required information [The following information applies to the questions displayed below.] Tree Seedlings has the following currentaine. Required: The company uses a perpetual inventory system.

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Required information [The following information applies to the questions displayed below.] Tree Seedlings has the following currentaine. Required: The company uses a perpetual inventory system. a. Determine the costs assigned to ending inventory and to cost of goods sold using FIFO. b. Determine the costs assigned to ending inventory and to cost of floods sold using LIFO. c. Compute the gross profit for each method. Required: The company uses a perpetual inventory system. a. Determine the costs assigned to ending inventory and to cost of goods sold using FIFO b. Determine the costs assigned to ending inventory and to cost of goods sold using LIFO. c. Compute the gross profit for each 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

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