Gale Company has the following inventory and purchases during the fiscal year ended December 31, 2023. Beginning Inventory Feb. 10 purchased Feb. 20 sold Mar. 13 purchased Sept. 5 purchased Oct. 10 sold 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 310 units $ 86/unit 225 units @$ 90/unit 390 units @$ 166/unit 265 units @$ 84/unit 275 units @$ 78/unit 530 units @$ 166/unit Sales Cost of goods sold Gross profit Ending Inventory 2. Using your calculations from Part 1, complete the following schedule. (Round your Intermediate calculations and final answers to 2 decimal places.) FIFO Cost of Goods Sold Moving Weighted Average

Gale Company has the following inventory and purchases during the fiscal year ended December 31. 2023. Gale Company employs a perpetual inventory system Requlred: 1. Calcuiate the dollar value of ending inventory and cost of goods sold using: (Round your Intermedlate calculatlons and flnal answers to 2 decimal places.) 2. Using your calculations from Part 1, compiete the following schedule: (Round your Intermedlate calculations ond final answers to 2 decimal pleces.)