Hemming Company reported the following current-year purchases and sales for its only product. Date January 1 January 10 March 14 Activities Beginning inventory 270 units Units Acquired at Cost @$12.80= Units Sold at Retail $ 3,456 Sales 220 units @$42.80 March 15 July 30 October 5 October 26 Purchase Sales Purchase 400 units @$17.80= 7,120 340 units @$42.80 470 units @$22.80 10,716 Sales Purchase Totals 440 units $42.80 170 units 1,310 unis @$27.80 4,726 $ 26,018 1,000 units Hemming uses a periodic inventory system. Ending inventory consists of 55 units from the March 14 purchase, 85 units from the Ju 30 purchase, and all 170 units from the October 26 purchase. Using the specific identification method, calculate the following. emming uses a periodic inventory system. Ending inventory consists of 55 units from the March 14 purchase, 85 units from the July O purchase, and all 170 units from the October 26 purchase. Using the specific identification method, calculate the following. Cost of Goods Sold using Specific Identification Ending Inventory Available for Sale Cost of Goods Sold Sate Activity # of units Cost Per Unit sold # of units Cost Per Unit COGS Ending Inventory Units Cost Per Unit Ending Inve Cost fanuary 1 Beginning Inventory 270 $ 0.00 $ 0 $ 0.00 $ March 14 1 Purchase 400 $ 0.00 0 $ 0.00 July 30 Purchase 470 $ 0.00 0 $ 0.00 October 26 Purchase 170 $ 0.00 $ 0.00 1,310 0 $ 0 0 $ Gross Margin using Specific Identification ess: Equals