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Required information [The following information applies to the questions displayed below] Tree seedlings has the following current-year purchases and sales for its only prodoct. Required:

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Required information [The following information applies to the questions displayed below] Tree seedlings has the following current-year purchases and sales for its only prodoct. 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 imventory and to cost of poods 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. Determine the costs assigned to ending inventory and to cost of goods sold using FIFO. Determine the costs assigned to ending imventory and to cost of goods sold using UFO. 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 if the tabs below. Compute the gross profit for each method

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