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Gale Company has the following inventory and purchases during the fiscal year ended December 3 1 , 2 0 2 3 . Beginning Inventory 2

Gale Company has the following inventory and purchases during the fiscal year ended December 31,2023.
Beginning Inventory 295 units @ $ 83/unit
Feb. 10 purchased 210 units @ $ 87/unit
Feb. 20 sold 375 units @ $ 163/unit
Mar. 13 purchased 277 units @ $ 81/unit
Sept. 5 purchased 260 units @ $ 67/unit
Oct. 10 sold 515 units @ $ 163/unit
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.)
FIFO or Moving weighted average Ending inventory, COGS and
2. Using your calculations from Part 1, complete the following schedule: (Round your intermediate calculations and final answers to 2 decimal places.)Sales, COGS, Gross profit by usinf FIFO and Moving weighted Average

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