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 340 units @ $ 78/unit 255 units @ $82/unit 420 units @ $158/unit 241 units @ $ 76/unit 305 units @ $ 62/unit 560 units @ $158/unit Gale Company uses a periodic inventory costing 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 Ending inventory $ 48,706.00 Cost of goods sold $ 61,560.00

Gale Company has the following inventory and purchases during the fiscal year ended December 31, 2023. Gale Company uses a periodic inventory costing system. Required: 1. Calculate the dollar value of ending inventory and cost of goods sold using (Round your intermedinte calculations and final onswers to 2 decimal places.)