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

Gale Company has the following inventory and purchases during the fiscal year ended December 31,2023.
\table[[Beginning Inventory,340 units @$ 78/unit.],[Feb.10 purchased,255 units @$ 82? unit],[Feb.20 sold,420 units @$ 158/unit],[Mar.13 purchased,241 units @$ 76/unit],[Sept.5 purchased,305 units @$ 62/unit],[Oct.10 sold,560 units @$ 158/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.)
\table[[,Ending Inventory,\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.)
\table[[,FIFO,\table[[Moving Weighted],[Average]]],[Sales,,7],[Cost of goods sold,,],[Gross profit,r2,5]]
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