e Company has the following inventory and purchases during the fiscal year ended December 31, 2023.

Beginning Inventory				325	units	@	$	89/unit
Feb.	10	purchased		240	units	@	$	93/unit
Feb.	20	sold		405	units	@	$	169/unit
Mar.	13	purchased		253	units	@	$	87/unit
Sept.	5	purchased		290	units	@	$	73/unit
Oct.	10	sold		545	units	@	$	169/unit

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

2. Using your calculations from Part 1, complete the following schedule:(Round your intermediate calculations and final answers to 2 decimal

	FIFO	Moving Weighted Average
Sales
Cost of goods sold
Gross profit

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