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Required information Use the following information for the Exercises 8-10 below. (Algo) [The following information applies to the questions displayed below.) Hemming Company reported

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Required information 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. Date January 1 January 10 March 14 March 15 Sales Purchase Sales Activities Units Acquired at Cost Beginning inventory Units Sold at Retail 285 units $13.40 $ 3,819 250 unite 8 $43.40 470 units $18.40 8,648 400 units. $43.40 485 units $23.40 11,349 460 units $43.40 October 26 Purchase Totals 185 units 1,425 units $28.40- 5,254 $ 29,070 1,110 units July 30 October 5 Purchase Sales

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