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Beginning Inventory Feb. 10 purchased Feb. 20 sold Mar. 13 purchased Sept. 5 purchased Oct. 10 sold Gale Company employs a perpetual inventory system. Required:
Beginning Inventory Feb. 10 purchased Feb. 20 sold Mar. 13 purchased Sept. 5 purchased Oct. 10 sold Gale Company employs a perpetual inventory system. Required: 1. Calculate the dollar value of ending inventory and cost of goods sold using: (Round your int answers to 2 decimal places.) a. FIFO b. Moving weighted average 76/unit 350 units @ $ 265 units @ $ 80/unit 430 units @ $ 156/unit 233 units @ $ 74/unit 315 units @ $ 60/unit 570 units @ $ 156/unit Ending Inventory FIFO Cost of Goods Sold 2. Using your calculations from Part 1, complete the following schedule: (Round your interme decimal places.) Moving Weighted Average
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