The following information for Urbanski Corporation relates to the three months ending June 30, 2013: 
Urbanski uses the LIFO method to account for inventory, and expects at least 15,000 units to be on hand in the ending inventory at year-end. Purchases made in the last six months are expected to cost an average of $18 per unit.
Compute cost of goods sold and gross profit for the quarter ending June 30, 2013.
Definitions:
Preconventional Level
Refers to the first level in Kohlberg's stages of moral development, characterized by an individual's moral reasoning that is based largely on external consequences and rewards.
Moral Development
The process through which individuals develop proper attitudes and behaviors towards other people in society, based on social and cultural norms, laws, and rules.
Lawrence Kohlberg
A renowned American psychologist, celebrated for his proposed stages of moral development theory.
Puberty
The stage of human development during which children become sexually mature and capable of reproduction, marked by physical, hormonal, and emotional changes.
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