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

$\backslash$table$[[$Beginning Inventory,$290$ units @$ $82/$unit$],[$Feb$.10$ purchased,$205$ units @ $ $86/$unit$],[$Feb$.20$ sold,$370$ units @ $$162$ unit$],[$Mar$.13$ purchased,$281$ units @$ $80/$unit$],[$Sept$.5$ purchased,$255$ units @$ $66/$unit$],[$Oct$.10$ sold,$510$ units @$ $162/$unit$]]$

Gale Company employs a perpetual inventory system.

Required:

Calculate the dollar value of ending inventory and cost of goods sold using: $($Round your intermediate calculations and final answers to $2$ decimal places.$)$

$\backslash$table$[[,,$Ending Inventory,$\backslash$table$[[$Cost of Goods$],[$Sold$]]],[$a$.,$FIFO,,$],[$b$.,$Moving weighted average,,$]]$

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

$\backslash$table$[[,$FIFO,$\backslash$table$[[$Moving Weighted$],[$Average$]]],[$Sales$,,],[$Cost of goods sold,,$],[$Gross profit,,$]]$