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 93 units @ $12.00 340 units @ $13.00 590 units @ $14.00 1,023 units $ 1,116 4,420 8,260 Cost of goods available for sale $13,796 Urban Glam Cosmetics made sales on the following dates at a selling price of $35 per unit: Jan. 10 Mar. 15 Oct 5 79 units 270 units 540 units 889 units Totals 3 Required: 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 following methods. (Do not round intermediate calculations. Round your final answers to 2 decimal places.) Ending Inventory Cost of Goods Sold a FIFO b Moving weighted average 2 Also calculate the gross profit under each method. (Do not round intermediate calculations. Round your final answers to 2 decimal places.) Gross Profit a FIFO b Moving weighted average