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 Sept. 5 Oct. 10 sold purchased purchased 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 calcul answers to 2 decimal places.) a. FIFO b. Moving weighted average 355 units @ $ 270 units @ $ 435 units @ $ 229 units @ $ 75/unit 79/unit 155/unit 73/unit 320 units @ $ 59/unit 575 units @ $ 155/unit Sales Cost of goods sold Gross profit Ending Inventory 2. Using your calculations from Part 1, complete the following schedule: (Round your intermediate calculation 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. Required: 1. Calculate the dollar value of ending inventory and cost of goods sold using: (Round your intermediate calcu answers to 2 decimal places.) 2. Using your calculations from Part 1, complete the following schedule: (Round your intermediate calculatio decimal places.)