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Urban Glam Cosmetics made sales on the following dates at a selling price of $36 per unit: Assume that Urban Glam Cosmetics uses the specific

Urban Glam Cosmetics made sales on the following dates at a selling price of $36 per unit: Assume that Urban Glam Cosmetics uses the specific identification method to cost inventory. The 721 units were specifically sold as follows: Jan. 10: 71 units from beginning inventory Mar. 15: 4 units from beginning inventory, and 186 units from the March 14 purchase Oct. 5: 51 units from the March 14 purchase, and 409 units from the July 30 purchase Calculate cost of goods sold and the gross profit

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