Use the following information for the Exercises 8-10 below. (Algo) Skip to question [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 Units Acquired at Cost Units Sold at Retail January 1 Beginning inventory 245 units @ $11.80 = $ 2,891 January 10 Sales 190 units @ $41.80 March 14 Purchase 390 units @ $16.80 = 6,552 March 15 Sales 350 units @ $41.80 July 30 Purchase 445 units @ $21.80 = 9,701 October 5 Sales 430 units @ $41.80 October 26 Purchase 145 units @ $26.80 = 3,886 Totals 1,225 units $ 23,030 970 units Exercise 6-8 (Algo) Perpetual: Inventory costing methodsF