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1 Required information Use the following information for the Exercises 8 - 1 0 below. ( Algo ) [ The following information applies to the

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Use the following information for the Exercises 8-10 below. (Algo)
[The following information applies to the questions displayed below.]
Hemming Company reported the following current-year purchases and sales for its only product.
\table[[Date,Activities,Units,cqus,ired at,Cost,,Units Sold at,Retail],[\table[[January 1],[January 10]],\table[[Beginning inventory],[Sales]],265 units,(,$12.60,=,$3,3,9,,a $42.60
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