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hent 6 - Ch 6 Gale Company has the following inventory and purchases during the fiscal year ended Decemb Beginning Inventory Feb. 10 purchased sold
hent 6 - Ch 6 Gale Company has the following inventory and purchases during the fiscal year ended Decemb Beginning Inventory Feb. 10 purchased sold purchased Feb. 20 purchased Mar. 13 Sept. 5 Oct. 10 sold a. FIFO b. Moving weighted average Gale Company employs a perpetual inventory system. A Required: 1. Calculate the dollar value of ending inventory and cost of goods sold using: (Round your int answers to 2 decimal places.) 72/unit 76/unit 152/unit 217 units @ $ 70/unit 335 units @ $ 56/unit 590 units @ $ 152/unit Sales Cost of goods sold Gross profit 370 units @ $ 285 units @ $ 450 units @ $ Ending Inventory FIFO 2. Using your calculations from Part 1, complete the following schedule: (Round your interme decimal places.) Cost of Goods Sold Moving Weighted Average
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