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Required information (The following information applies to the questions displayed below) Tree Seedings has the following current-year purchases and sales for its only product M.

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Required information (The following information applies to the questions displayed below) Tree Seedings has the following current-year purchases and sales for its only product M. January 1 Sing Liventary Und at confolatil #12310 January 1 Sales 5 Tauruary 10 Puch Intuits #13 - 5 February 15 Sale 140 mit June 30 Purchase 1 TO November Base Hvember Parehe 1-12 Total 00335 3.792 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 us LIFO c. Compute the gross profit for each method Complete this question by entering your answers in the tabs below Required Heid med Determine the costs assigned to ending inventory and to cost of goods sold in Pro Pro Cestoodetele in Balance Required information (The following information applies to the questions displayed below) Tree Seedings has the following current-year purchases and sales for its only product M. January 1 Sing Liventary Und at confolatil #12310 January 1 Sales 5 Tauruary 10 Puch Intuits #13 - 5 February 15 Sale 140 mit June 30 Purchase 1 TO November Base Hvember Parehe 1-12 Total 00335 3.792 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 us LIFO c. Compute the gross profit for each method Complete this question by entering your answers in the tabs below Required Heid med Determine the costs assigned to ending inventory and to cost of goods sold in Pro Pro Cestoodetele in Balance

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