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[ The following information applies to the questions displayed below. ] Hemming Company reported the following current - year purchases and sales for its only

[The following information applies to the questions displayed below.]
Hemming Company reported the following current-year purchases and sales for its only product.
mming uses a periodic inventory system. Ending inventory consists of 45 units from the March 14 purchase, 75 ts from the July 30 purchase, and all 105 units from the October 26 purchase. Using the specific identification thod, calculate the following.
Gross Margin using Specific Identification
SS:
uals:
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