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

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Accounting

Required information
[The following information applies to the questions displayed below.]
Hemming Company reported the following current-year purchases and sales for its only product.
\table[[\table[[Date],[January 1],[January 10],[March 14],[March 15],[July 30],[October 5],[October 26]],\table[[Activities],[Beginning inventory],[Sales],[Purchase]],Units Acquired at cost,Units Sold at Retail],[300 units,a $14.00,=,$4,200
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