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

$\backslash$table$[[$Beginn$,$ing,Inventory,$305,$units,@$$,85/$unit$],[$Feb$.$ :$,10,$purchased,$220,$units,@$$,89/$unit$],[$Feb$.3,20,$sold,$385,$units,$(6),165/$unit$],[$Mar:$,13,$purchased,$269,$units,Q$$,83/$unit$],[$Sept$.,5,$purchased,$270,$units,$6$$$,69/$unit$],[$Oct$.,10,$sold,$525,$units,@$$,165/$unit$]]$

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 Imventory,$\backslash$table$[[$Cost of Goods$],[$Sold$]]],[$a$.,$FIFO,$5,10,626\mathrm{.}00,],[$b$.,$Moving weighted average,,$]]$

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

$\backslash$table$[[$Sales$,,],[$Cost of goods sold,,$]]$