calculate cost of goods sold and gross profit

Urban Glam Cosmetics made purchases of lipstick in the current year as follows: Jan. 1 Beginning inventory Mar. 14 Purchased July 30 Purchased Units available for sale Cost of goods available for sale 77 units $13.00 - $ 1,001 260 units $14.00 3,640 510 units $15.00 7,650 847 units $12,291 Urban Glam Cosmetics made sales on the following dates at a selling price of $36 per unit Assume that Urban Glam Cosmetics uses the specific identification method to cost inventory The 721 units were specifically sold as follows Jan 10 Har 150 71 units from beginning inventory 4 units from beginning inventory, and 186 units from the March 14 purchase 51 units from the March 14 purchase, and 400 units from the July 30 purchase Oct. Si