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


2. Using your calculations from Part 1. complete the following schedule: (Round your intermediate calculations and final answers to 2 decimal places.) FIFO Moving Weighted Average Sales Cost of goods sold Gross profit Gale Company has the following inventory and purchases durvia the fiscal year ended December 2000 1 Beginning Inventory Feb 20 purchased Feb. 20 sola Fler. 13 purchased Sept. 5 purchased Oct. Te sold 365 htts un 28e wits vanit 45 units 35 193nit 221 units una 330 units Whit 35 units 15 Yunit Gale Company employs a perpetual inventory system Required: 1. Calculate the dollar value or ending Inventory and cost of goods sold using: (Round your intermediate calculations and final answers to 2 decimal places) Ending Inventory Cost of Goods Sold a. (FIFO b. Moving weighted average 2. Using your calculations from Part 1, complete the following schedule (Round your intermediate calculations and final answers to 2 decimal places.) FIFO Moving Weighted Average Sales cost of goods sold Gross profil 2. Using your calculations from Part 1. complete the following schedule: (Round your intermediate calculations and final answers to 2 decimal places.) FIFO Moving Weighted Average Sales Cost of goods sold Gross profit Gale Company has the following inventory and purchases durvia the fiscal year ended December 2000 1 Beginning Inventory Feb 20 purchased Feb. 20 sola Fler. 13 purchased Sept. 5 purchased Oct. Te sold 365 htts un 28e wits vanit 45 units 35 193nit 221 units una 330 units Whit 35 units 15 Yunit Gale Company employs a perpetual inventory system Required: 1. Calculate the dollar value or ending Inventory and cost of goods sold using: (Round your intermediate calculations and final answers to 2 decimal places) Ending Inventory Cost of Goods Sold a. (FIFO b. Moving weighted average 2. Using your calculations from Part 1, complete the following schedule (Round your intermediate calculations and final answers to 2 decimal places.) FIFO Moving Weighted Average Sales cost of goods sold Gross profil
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