hemming co. Reported the following current-year purchases and sales for its only product.

Hemming Co.reported the following current-year purchases and sales for its only product Date Jan. 1 Beginning Inventory105 units $10 201,071 Jan. 10 Sales Mar. 14 Purchase Mar. 15 Sales July 30 Purchase Oct 5 Sales Oct. 26 Purchase Acquired at Cost 255 units $15.20 3,876 405 units O $20.20 8.181 605 unts @ $25 20 ยท 15.246 1370 units Sold at Retail 95 units $40.20 145 units$40.20 295 units $40.20 Totals $28,374 535 units Required Hemming uses a perpetual inventory system value 10.00 points Determine the costs assigned to ending inventory and to cost of goods sold using FIFG Perpetual FIFO Goods #of Cost per) # of units Cost per : Cost of Goods #Of units Cost per Inventory Date unit Sold 105 10.20$1,071.00 January 1 January 10 March 14 March 15 July 30 October 5 e here to

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