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Urban Glam Cosmetics made purchases of lipstick In the current year as follows: Urban Glam Cosmetics made sales on the following dates at a selling

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Urban Glam Cosmetics made purchases of lipstick In the current year as follows: Urban Glam Cosmetics made sales on the following dates at a selling price of $35 per unit Requlred: 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 calculotions. Round your final onswers to 2 decimal places.) 2. Also calculate the gross proft under each method. (Do not round intermediate colculations. Round your final answers to 2 decimal places.)

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