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

Jan. $1$ Beginning inventory $99$ units @ $ $12\mathrm{.}00=$ $ $1,188$

Mar. $14$ Purchased $370$ units @ $ $13\mathrm{.}00=4,810$

July $30$ Purchased $620$ units @ $

$14\mathrm{.}00$

$=8,680$

Units available for sale $1,089$ units

Cost of goods available for sale $ $14,678$

Urban Glam Cosmetics made sales on the following dates at a selling price of $$35$ per unit:

Jan. $1082$ units

Mar. $15300$ units

Oct. $5570$ units

Totals $952$ 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.$)$