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Urban Glam Cosmetics made purchases of lipstick in the current year as follows: Units available for sale Cost of goods available for sale Urban Glam
Urban Glam Cosmetics made purchases of lipstick in the current year as follows:
Units available for sale
Cost of goods available for sale
Urban Glam Cosmetics made sales on the following dates at a selling price of $ per unit:
Requlred:
The business uses a perpetual inventory system.
Determine the costs that should be assigned to the ending inventory and to goods sold under the following methods. Do not round
Intermedlete colculatlons. Round your flnel answers to declmal places.
Also calculate the gross profit under each method. Do not round Intermedlate calculatlons. Round your flnol answers to
decimel pleces.
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