Hemming Company reported the following current-year purchases and sales for its only product. Activities Beginning inventory Sales Purchase Sales Purchase Sales Purchase Totals Date January 1 January 10 March 14 March 15 July 30 October 5 October 26 a) Cost of Goods Sold using Specific Identification Available for Sale Date January 1 March 14 July 30 October 26 Activity Beginning Inventory Purchase Purchase Purchase b) Gross Margin using Specific Identification # of units Units Acquired at Cost 265 units @ $12.60 = 430 units 465 units @ $17.60 = @ $22.60 = @ $27.60 = 165 units 1,325 units Ending inventory consists of 55 units from the March 14 purchase, 70 units from the July 30 purchase, and all 165 units from the October 26 purchase. Using the specific identification method, calculate the following. 265 430 465 165 1,325 Cost Per # of units Unit sold

Hemming Company reported the following current-year purchases and sales for its only product. ding inventory consists of 55 units from the March 14 purchase, 70 units from the July 30 purchase, and all 165 units from the tober 26 purchase. Using the specific identification method, calculate the following