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Required information Skip to question [The following information applies to the questions displayed below.] Hemming...

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Accounting

Required information 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 210 units @ $10.40 = $ 2,184 January 10 Sales 170 units @ $40.40 March 14 Purchase 310 units @ $15.40 = 4,774 March 15 Sales 270 units @ $40.40 July 30 Purchase 410 units @ $20.40 = 8,364 October 5 Sales 380 units @ $40.40 October 26 Purchase 110 units @ $25.40 = 2,794 Totals 1,040 units $ 18,116 820 units Required: Hemming uses a perpetual inventory system. Determine the costs assigned to ending inventory a

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