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Assignment 6-Ch 6 i 2 40 points Print References Gale Company has the following inventory and purchases during the fiscal year ended December 31, 2023.
Assignment 6-Ch 6 i 2 40 points Print References 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 Oct. 10 sold a. FIFO b. Moving weighted average Gale Company employs a perpetual inventory system. Required: 1. Calculate the dollar value of ending inventory and cost of goods sold using: (Round your intermediate calculation answers to 2 decimal places.) 335 units @ $ 250 units @ $ 415 units @ $ 245 units @ $ 300 units @ $ 555 units @ $ 159/unit Sales Cost of goods sold 79/unit 83/unit 159/unit 77/unit 63/unit Ending Inventory 2. Using your calculations from Part 1, complete the following schedule: (Round your intermediate calculations a decimal places.) FIFO Cost of Goods Sold Moving Weighted Average
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