i want this answere as soon as possible The Gale Company has the following inventory and...

i want this answere as soon as possible

The Gale Company has the following inventory and purchases during the fiscal year ended December 31, 2017.


Beginning inventory	375	units	@	$	71/unit
Feb. 10 purchased	290	units	@	$	75/unit
Feb. 20 sold	455	units	@	$	151/unit
Mar. 13 purchased	213	units	@	$	69/unit
Sept. 5 purchased	340	units	@	$	55/unit
Oct. 10 sold	595	units	@	$	151/unit

Gale Company employs a perpetual inventory system.

Required:
1. Calculate the dollar value of ending inventory and cost of goods sold using

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

Expert Solution

ekkarill92 answered 1 year ago

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