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Urban Glam Cosmetics made purchases of lipstick in the current year as follows: Jan. 1 Beginning Inventory mar. 1 4 Purchased July 3 0 .

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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
101 units @$13=$1,313
380 units @$14=$5,320
630 unitse $15=$9,450
1,11 units $16,083
cost of goads available for sale
Urban blam Cosmetics made sales on the following dates at a selling price of $36 per unit:
Required:
The business uses a perpetual inventory system.
2. Also calculate the gross profit under each method.
(Do not round intermediate calculations. Round your final answers to a decimal places.)
a.
\table[[Gross Profit],[Fifo,],[\table[[Moving],[weighted],[average]],]]
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