Question: Assignment 6 - Ch 6 2 40 points Skipped Print Mc Graw Gale Company has the following inventory and purchases during the fiscal year ended
Assignment 6 - Ch 6 2 40 points Skipped Print Mc Graw Gale Company has the following inventory and purchases during the fiscal year ended December 31, 2023. Beginning Inventory purchased sold Feb. 10 Feb. 20 Mar. 13 purchased purchased Sept. 5 Oct. 10 sold 325 units @ $ 240 units @ $ 405 units @ $ a. FIFO b. Moving weighted average 89/unit 93/unit 169/unit 87/unit 253 units @ $ 290 units @ $ 73/unit 545 units @ $ 169/unit Ending Inventory Saved 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.) Cost of Goods Sold < Prev 2 of 3 com%252Fmghmiddleware%2... Next > Help Save & Exit
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