Urban Glam Cosmetics made purchases of lipstick in the current year as follows:

Jan. $1$ Beginning inventory $115$ units @ $ $14\mathrm{.}00=$ $ $1,610$

Mar. $14$ Purchased $450$ units @ $ $15\mathrm{.}00=6,750$

July $30$ Purchased $700$ units @ $

$16\mathrm{.}00$

$=11,200$

Units available for sale $1,265$ units

Cost of goods available for sale $ $19,560$

Urban Glam Cosmetics made sales on the following dates at a selling price of $$34$ per unit:

Jan. $1090$ units

Mar. $15380$ units

Oct. $5650$ units

Totals $1,120$ units

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.$)$

$2.$ Also calculate the gross profit under each method. $($Do not round intermediate calculations. Round your final answers to $2$ decimal places.$)$