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Gale Company has the following inventory and purchases during the fiscal year ended December 31, 2023. Beginning Inventory Feb. 10 purchased sold purchased purchased

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Gale Company has the following inventory and purchases during the fiscal year ended December 31, 2023. Beginning Inventory Feb. 10 purchased sold purchased purchased sold Feb. 20 Mar. 13 Sept. 5 Oct. 10 370 units @$ 72/unit 285 units @$ 76/unit 450 units @$ 152/unit 217 units @$ 70/unit 56/unit 335 units @ $ 590 units @ $ 152/unit nt nces 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 calculations and final answers to 2 decimal places.) a. FIFO b. Moving weighted average Ending Inventory Cost of Goods Sold 2. Using your calculations from Part 1, complete the following schedule: (Round your intermediate calculations and final answers to 2 decimal places.) Sales Cost of goods sold Gross profit FIFO Moving Weighted Average

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