[The following information applies to the questions displayed below) Hemming Company reported the following current-year purchases and sales for its only product Date Activities Unite Mequired at coat Units sold at Retail January 1 Beginning inventory 290 unita # $13.60 - $3,944 January 10 Sales 260 units 343.60 March 14 Purchase 500 units $18.60 - 9,300 March 15 Sales 430 units # $43.60 July 30 Purchase 490 units 523.60 11,564 October 5 Sales 40 units 343.65 October 26 Purchase 190 units &$28.60 - Total 1,470 units 5.30.242 1,160 units Determine the costs assigned to ending Inventory and to cost of goods sold using FIFO. Perpetual FIFO: Goods Purchased Cost of Goods Sold Date Cost per # of units # of units sold unit Cost of Goods Sold unit January 1 Cost per Inventory Balance Cost per Inventory unit Balance #of units January 10 March 14 Total March 14 March 15 Total March 15 July 30 Total July 30 October 5 Total October 5 October 26