4 Exercise 6-2 Alternative cost flow assumptions-perpetual LO2 Urban Glam Cosmetics made purchases of lipstick in the current year as follows: 11 points Jan. 1 Beginning inventory Mar. 14 Purchased July 30 Purchased 02:30:06 Units available for sale 81 units @ $13.00 280 units @ $14.00 530 units @ $15.00 891 units = $ 1,053 = 3,920 = 7,950 Cost of goods available for sale $12,923 Urban Glam Cosmetics made sales on the following dates at a selling price of $35 per unit: Jan. 10 73 units Mar. 15 210 units Oct. 5 480 units Totals 763 units Required: The business uses a perpetual inventory system.