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Accounting

Skip to main contentChapter 6 AssignmentAnswerSavedHelp opens in a new windowSave & ExitSubmit Item1 10 points Item Skipped eBookAskPrintReferencesCheck my workCheck My Work button is now enabled3Item 1 Urban Glam Cosmetics made purchases of lipstick in the current year as follows: Jan. 1 Beginning inventory 77 units @ $ 13.00 = $ 1,001 Mar. 14 Purchased 260 units @ $ 14.00 = 3,640 July 30 Purchased 510 units @ $ 15.00 = 7,650 Units available for sale 847 units Cost of goods available for sale $ 12,291 Urban Glam Cosmetics made sales on the following dates at a selling price of $36 per unit: Jan. 10 71 units

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