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 Activities Beginning inventory 280 units January 10 Sales March 14 Purchase 460 units Units Acquired at Cost $13.20= @$18.20= Units Sold at Retail $3,696 240 units 8,372 March 15 Sales 410 units $43.20 @$43.20 July 30 Purchase 480 units @$23.20= 11,136 October 5 October 26 Sales Purchase Totals 450 units @$43.20 180 units 1,400 units $28.20 5,076 $ 28,280 1,100 units Ending inventory consists of 40 units from the March 14 purchase, 80 units from the July 30 purchase, and all 180 units from the October 26 purchase. Using the specific identification method, calculate the following. Check my wa 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 Cost Per COGS sold Unit Ending Inventory Units Cost Per Unit Ending Inventory Cost January 11 Beginning Inventory 280 $ 0.00 $ 0 $ 0.00 $ 0 March 14 1 Purchase 460 $ 0.00 0 $ 0.00 0 July 301 Purchase 480 $ 0.00 0 $ 0.00 0 October 26 Purchase 180 $ 0.00 0 $ 0.00 0 1,400 0 $ 0 $ 0 b) Gross Margin using Specific Identification Less Equals: