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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

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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 Cost of goods available for sale 87 units @ $12.00 = 5 1,044 310 units @ $13.00 4,030 560 units $14.00 7.840 957 units $12,914 Urban Glam Cosmetics made sales on the following dates at a selling price of $35 per unit Jan. 10 Mar. 15 Oct. 5 Totals 76 units 240 units 510 units 826 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.) Ending Inventory Cost of Goods Sold a FIFO Moving weighted average

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