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mheducation.com/ext/map/inde Units Sold at Retail Use the following information for the Exercises below. Required information 190 units @ $41.88 nes 35e units @ $41.80 6,552 9,701 430 units @ $41.80 970 units Units Acquired at Cost 245 units @ $11.80 $2,891 3,886 $23, e3e 398 units @ $16.80 445 units $21.80 145 units @ $26.80 1,225 units The following information applies to the questions displayed below] Hemming Co. reported the following current-year purchases and sales for its only product. bate Activities Jan. 1 Beginning inventory Jan 1e Sales Mar. 14 Purchase r. 15 Sales July 30 Purchase Oct. 5 Sales Oct. 26 Purchase Totals eBook H Exercise 5-9A Periodic: Inventory costing system LO P3 Required: Hemming uses a periodic Inventory system (a) Determine the costs assigned to ending inventory and to cost of goods sold usins (b) Determine the costs assigned to ending Inventory and to cost of goods sold us (0Compute the gross margin for each method Cost of Goods Available for Sale Cost Cost of Goods # of units Cost per of units Available for Referencer a) Periodic FIFO Hories and cost of Sales https://ezto.mheducation.com/ext/map/index.html?com Part of Required information 555 Required: Hemming uses a periodic inventory system fal Determine the costs assigned to ending inventory and to cost of goods soid using FIFO. (bi Determine the costs assigned to ending Inventory and to cost of goods sold Using LIFO. ( Compute the gross margin for each method. HE Beginning inventory Purchases March 14 July 30 October 28 Smart of units int Total b) Periodic LIFO Cost per unit Cost of Goods Available for Beginning inventory Purchases March 14 y 30 Sale 0 Cost of Goods Avadable for Sale Cost of Goods Sok Cost of Goods of units Cost per of units Cost per Available for unit Sale Costa donde sota of units Cost per Cost of sold unit Goods Sold 20 $ # of units in ending inventory Ein 19 Oy sold Cost per unit unit yo map/index.html?con 1 Type here to search vory econd to ending inventory and to cost of goods sold using FIFO e costs and to engary and to cost of goods sold in LIFO om orech method Coup Cost per CasteGoods of its cost per Cost of kodead PO My 0 Caut od ol Cestod Goods Sold inventory of units