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Saved Required information [The following information applies to the questions displayed below.) Hemming Co. reported the following current-year purchases and sales for its only product. Date Activities Units Acquired at Cost Jan. 1 Beginning inventory Units Sold at Retail 200 units Jan. 10 Sales @ $10 = $ 2,800 Mar. 14 Purchase 150 units @ $40 350 units @ $15 Mar.15 Sales 5,250 300 units @ $40 July 30 Purchase 450 units @ $20 9,000 Oct. 5 Sales 430 units @ $40 Oct.26 Purchase 100 units @ $25 2,500 Totals 1,100 units $18,750 880 units = Required: Hemming uses a perpetual Inventory system. Assume that ending inventory is made up of 45 units from the March 14 purchase, units from the July 30 purchase, and all 100 units from the October 26 purchase. Using the specific identification method, calcula following a) Cost of Goods Sold using Specific Identification Available for Sale Cost of Goods Sold Date Activity Units Unit Cost Units Sold Unit Cost Ending Inventory Ending Ending Inventory Unit Cost Inventory Units Cost COGS 99 to search 0