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

$\backslash$table$[[$Beginning$,$Inventory,$320,$units @$$,88/$unit$],[$Feb$.10,$purchased,$235,$units @$$,92/$unit$],[$Feb$.20,$sold,$400,$units @$$,168/$unit$],[$Mar$.13,$purchased,$257,$units @$$,86/$unit$],[$Sept$.5,$purchased,$285,$units @$$,72/$unit$],[$Oct$.10,$sold,$540,$units @$$,168/$unit$]]$

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,,$]]$