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Required:
Hemming uses a perpetual inventory system.

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 LIFO.
Compute the gross profit for FIFO method and LIFO method.

Please help with this question Required Hemming uses a perpetual inventory system Determine the costs assigned to ending inventory and to cost of goods sold usi class=
Please help with this question Required Hemming uses a perpetual inventory system Determine the costs assigned to ending inventory and to cost of goods sold usi class=
Please help with this question Required Hemming uses a perpetual inventory system Determine the costs assigned to ending inventory and to cost of goods sold usi class=

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