Question: Use the data from Problem 6-3A and do Part 1 assuming Gale Company uses a periodic inventory costing system. 1. Calculate the dollar value of
1. Calculate the dollar value of ending inventory and cost of goods sold using:
(a). FIFO
(b). Moving weighted average. Round all unit costs to two decimal places.
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a FIFO basis Total cost of the 1020 units for sale 77720 Less Ending inventory on a F... View full answer
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