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Gale Company has the following Inventory and purchases during the fiscal year ended December 31,2023....

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Accounting

Gale Company has the following Inventory and purchases during the fiscal year ended December 31,2023.
\table[[Beginn,ing,Inventory,305,units,@$,85/unit],[Feb. :,10,purchased,220,units,@$,89/unit],[Feb.3,20,sold,385,units,(6),165/unit],[Mar:,13,purchased,269,units,Q$,83/unit],[Sept.,5,purchased,270,units,6$,69/unit],[Oct.,10,sold,525,units,@$,165/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 Imventory,\table[[Cost of Goods],[Sold]]],[a.,FIFO,5,10,626.00,],[b.,Moving weighted average,,]]
2.Using your calculations from Part 1, complete the following schedule: (Round your Intermedlate calculations and final answers to 2 Jecimal places.
\table[[Sales,,],[Cost of goods sold,,]]
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