Question: 2. Using your calculations from Part 1, complete the following schedule: (Round your intermediate calculations and final answers to 2 FIFO Moving Weighted Average Sales

2. Using your calculations from Part 1, complete the following schedule:

2. Using your calculations from Part 1, complete the following schedule: (Round your intermediate calculations and final answers to 2

FIFO

Moving Weighted Average

Sales

Cost of goods sold

Gross profit

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 calculations and final answers to 2 decimal places.)

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