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Gale Company has the following inventory and purchases during the fiscal year ended December 31, 2020. Beginning Inventory Feb. 10 purchased Feb. 20 sold Mar.

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Gale Company has the following inventory and purchases during the fiscal year ended December 31, 2020. Beginning Inventory Feb. 10 purchased Feb. 20 sold Mar. 13 purchased Sept. 5 purchased Oct. 10 sold 375 units @ $ 71/unit 290 units @ $ 75/unit 455 units @ $151/unit 213 units @ $ 69/unit 340 units @ $ 55/unit 595 units @ $ 151/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.) Cost of goods Ending inventory sold $ 9,240.00 $ 72,532.00 a. FIFO b. Moving weighted average

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