Required information [The following information applies to the questions disployed below] Tree Seedings has the following current-year purchases and sales for its only product. 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 soid using UFO c. Compute the gross profit for ebch method. etermine the costs assigned to ending inventory and to cost of goods sold using FIFO. etermine the costs assigned to ending inventory and to cost of goods sold using LIFO, The following infarmation applies to the questions olsployed below) Tree Seedlings has the tollowing currentyear purchases and sales for its ony product. Requlred: The company uses a perpetual inventory system a. Determine the costs assigned to endng inventory and to cost of goods sold using fro: b. Determine the costs askigned to ending inventory and to cost of goods sold using LFO. c. Compute the gross profit for eoch method. Complete this question by entering your anwwers in the tabs below. Compute the gross profit for each method. [The following information applies to the questions displayed below.] Tree Seedlings has the following current-year purchases and sales for its only product. 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. 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 LFO. tree seeungs nas ine ionowng curient-yed puchases an saies tor its ority proauch. 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. Compute the gross profit for each method