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  1. business
  2. accounting
  3. check figures: cogs a. $q,400.00; b. $9,417.0 urba

CHECK FIGURES: COGS a. $q,400.00; b. $9,417.0 Urban Glam Cosmetics made purchases of lipstick in...

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Accounting

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CHECK FIGURES: COGS a. $q,400.00; b. $9,417.0 Urban Glam Cosmetics made purchases of lipstick in the current year as follows: Jan. 1 Beginning inventory.. 75 units $12.00 Mar. 14 Purchased July 30 Purchas0 units 250 units $13.00 3.250 500 units$14.00 g00 7,000 825 units 150 Cost of goods available for sale. an Glam Cosmetics made sales on the following dates at a selling price of $35 per unit: Jan. 10 Mar. 15... Oct. 5.. Total ..70 units .. 180 units .. 450 units 00 units Required The business uses a perpetual-inventory system. Determine the costs that should be assigned to the ending inventory and to goods sold under: a. FIFO b. Moving weighted average (round to the nearest whole cent) Also calculate the gross profit under each methodl 434

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