Determine the costs assigned to ending inventory and to cost of goods sold

Determine the costs assigned to ending inventory and

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2.Determine the costs assigned to ending inventory and to cost of goods sold using LIFO. 3-a.Compute the gross margin for FIFO method. 3-b. Compute the gross margin for LIFO method. 3-b.LIFO Gross margin 4. Hemming Co. reported the following current-year purchases and sales for its only product.

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