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5 Gale Company has the following inventory and purchases during the fiscal year ended December 31, 2023. Beginning Inventory Feb. 10 purchased Feb. 20
5 Gale Company has the following inventory and purchases during the fiscal year ended December 31, 2023. Beginning Inventory Feb. 10 purchased Feb. 20 sold Mar. 13 purchased Sept. 5 purchased 02:40:51 Oct. 10 sold eBook Print 320 units @$ 88/unit 235 units e$ 92/unit 400 units @$168/unit 257 units @s 86/unit 285 units $ 72/unit 540 units $168/unit Gale Company uses a periodic inventory costing system. Required: 1. Calculate the dollar value of ending inventory and cost of goods sold using: (Round your intermediate calculations and final answers to 2 decimal places.) Ending inventory Cost of goods sold a. FIFO $ b. Moving weighted average $ 11,304.00 $ 12,732.21 $ 81,098.00 79,669.79
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