9:51 Urban Glam Cosmetics made purchases of lipstick in the current year as follows: Jan. 1 Beginning inventory Mar. 14 Purchased 81 units@ $13.00 = $ 1,053 280 units@ $14.00 = 3,920 530 units@ $15.00 = 7,950 July 30 Purchased Units available for sale 891 units 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 The business uses a perpetual inventory system. 1. Determine the costs that should be assigned to the ending inventory and to goods sold under the follo intermediate calculations. Round your final answers to 2 decimal places.) a FIFO Ending Inventory Cost of Goods Sold $ 1,920.00 $ 11,003 00 1,903 24 $ 11,019.76 b. Moving weighted average 2. Also calculate the gross profit under each method. (Do not round intermediate calculations. Round yo decimal places.) Gross Profit a FIFO $ 15,675 00 b Moving weighted average