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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 product

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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 product Activities Acquired at cost Onits sold at Ret January 1 Beginning inventory 210 un SR 5420 January Sales Bendt February 14 Purchase 336 ans 1. February 15 Sales 238 unit 58 June 30 Purchase 260 units 54 1,040 November 6 Sales 135 units 8 Hober 19 Purchase But 35 $ Totals 854 units Hurts 3 The company uses a periodic inventory system 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. Required A Required B Required Determine the costs assigned to ending Inventory and to cost of goods sold using FIFO. Periodic Inventory System Ending Inventory Cost of Goods Sold FIFO Required B > Complete this question by entering your answers in the tabs below. References Required A Requlved Required Determine the costs assigned to ending inventory and to cost of goods sold using LIFO. Cost of Periodic Inventory System Ending Inventory Goods Sold LIFO Complete this question by entering your answers in the tabs below. References Required A Requlved Required Determine the costs assigned to ending inventory and to cost of goods sold using LIFO. Cost of Periodic Inventory System Ending Inventory Goods Sold LIFO

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