13 Required information [The following information applies to the questions displayed below.) Hemming Company reported the following current-year purchases and sales for its only product. Date January 1 January 10 Activities Beginning inventory Sales March 14 March 15 Purchase Sales July 30 October 5 October 26 Sales Purchase Purchase Totals 250 units Units Acquired at Cost $12.00 Units Sold at Retail $ 3,000 200 units $42.00 400 units $17.00- 6,800 360 units $42.00 450 units $22.00- 9,900 420 units $42.00 150 units 1,250 units $27.00- 4,050 $ 23,750 980 units Ending inventory consists of 45 units from the March 14 purchase, 75 units from the July 30 purchase, and all 150 units from the October 26 purchase. Using the specific identification method, calculate the following. a) Cost of Goods Sold using Specific Identification Available for Sale Cost of Goods Sold Ending Inventory Date Activity # of units Cost Per Unit # of units sold Cost Per Unit COGS Ending Inventory Units Cost Per Unit Ending Inve Cost January 11 Beginning Inventory 250 $ 12.00 $ 12.00 $ 0 12.00