Gale Company has the following Inventory and purchases during the fiscal year ended December
tableBeginning,Inventory,units,@$unitFeb :purchased,units,@$unitFebsold,units,unitMar:purchased,units,Q$unitSeptpurchased,units,$unitOctsold,units,@$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 decimal places.
tableEnding Imventory,tableCost of GoodsSoldaFIFO,bMoving weighted average,,
Using your calculations from Part complete the following schedule: Round your Intermedlate calculations and final answers to Jecimal places.
tableSalesCost of goods sold,,
