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Urban Glam Cosmetics made purchases of lipstick in the current year as follows. Urban Glam Cosmetics made sales on the following dates at a selling

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Urban Glam Cosmetics made purchases of lipstick in the current year as follows. Urban Glam Cosmetics made sales on the following dates at a selling price of $35 per unit Required: The business uses a perpetual inventory system. 1. Determine the costs that should be assigned to the ending inventory and to goods soid under the following methods. (Do not round intermediate calculations. Round your finol answers to 2 decimal ploces.) 2. Also calculate the gross profit under each method (Do not round intermediote calculations. Round your final answers to 2 decimal ploces.]

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