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ok t ces Urban Glam Cosmetics made sales on the following dates at a selling price of $36 per unit: Assume that Urban Glam
ok t ces 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 1,036 units were specifically sold as follows: Jan. 10: 86 units from beginning inventory Mar. 15: 19 units from beginning inventory, and 321 units from the March 14 purchase Oct. 5: 66 units from the March 14 purchase, and 544 units from the July 30 purchase Calculate cost of goods sold and the gross profit. Cost of goods sold $ 22,353 Gross profit S 14,943
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