Question: Hempstead Company has the following data for 2009: Required: 1. How many units were sold? 2. Using the cost of goods sold model, determine the

Hempstead Company has the following data for 2009:


Hempstead Company has the following data for 2009: .:.


Required:
1. How many units were sold?
2. Using the cost of goods sold model, determine the cost of goodssold.

Item Inventory, 12/31/2008 Purchases Inventory, 12/31/2009 Units 990 4,510 720 Cost $10,890 49,610 7,920

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