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Gale Company has the following Inventory and purchases during the fiscal year ended December 31, 2023. Beginning Inventory Feb. 18 purchased. Feb 20 sold
Gale Company has the following Inventory and purchases during the fiscal year ended December 31, 2023. Beginning Inventory Feb. 18 purchased. Feb 20 sold Mar Sept purchased purchased Oct: 18 sold 315 units @s 87/unit 230 units @s 91/unit 395 units @s 167/unit 261 units es 85/unit 288 units $ 74/unit 535 units $ 167/unit Gate 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.) FIFO Moving weighted average Ending Inventory Cost of Goods Sold
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