Hemming Company reported the following currentyear purchases and sales for its only product.
Date Activities Units Acquired at Cost Units Sold at Retail
January Beginning inventory units @ $ $
January Sales units @ $
March Purchase units @ $
March Sales units @ $
July Purchase units @ $
October Sales units @ $
October Purchase units @ $
Totals units $ units
Ending inventory consists of units from the March purchase, units from the July purchase, and all units from the October purchase. Using the specific identification method, calculate the following.
