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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 product. nding inventory consists

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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 product. nding inventory consists of 55 units from the March 14 purchase. 70 units from the July 30 purchase, and all 140 units from the ctober 26 purchase. Using the specific identification method. calculate the following. b) Gross Marpin using Specifia Identification

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