Required information [The following information applies to the questions displayed below.) Hemming Co. reported the following current-year purchases and sales for its only product. Date Activities Units Acquired at Cost Units sold at Retail Jan. 1 Beginning inventory 210 units @ $10.40 = $ 2,184 Jan. 10 Sales 170 units @ $40.40 Mar. 14 Purchase 310 units @ $15.40 = 4,774 Mar. 15 Sales 270 units @ $40.40 July 30 Purchase 410 units @ $20.40 = Oct. 5 Sales 380 units @ $40.40 Oct. 26 Purchase 110 units @ $25.40 = 2,794 Totals 1,040 units $18, 116 820 units 8,364 Required information Periods FIFO Cast of Goods Available for sale of units Cost per unit Cost of Goods Available for Sale 2103 10:40 2.184 Cost of Good Bold #of units sold cost per unit Coat of Goods Bold 2105 10.40 2.184 Ending Inventory of units in ending cost per unit Ending inventory inventory 15.40 Beginning inventory Purchases March 14 July 30 October 26 Tot 4.774 310 $ 15.40 4.7741 310 s 410 5 110 S 1,040 20.40 25.40 2,794 18.110 $ 0 520 $ 6,165 Periodic UFO Cost of Goods Available for Sale Cost of Goods Sold Ending Inventory # of units sold Cost per unit of units Cost per unit Cost of Goods Available for Sale 210$ 10.40 $ 2,154 Cost of Goods Sold of unitsin ending Cost per unit Ending Inventory Inventory Beginning invertory Purchase March 14 Auly 30 October 26 3105 410 $ 1105 1.040 15:40 20.40 25.40 4,774 8,354 2,794 18, 116 5 $ c) Gross profit FIFO LIFO