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21. In 2021, the Kilmar Design Agency, Inc. purchased 2,985,600 units from its supplier at a cost of $62.00 per unit. Kilmar Design Agency sold
21. In 2021, the Kilmar Design Agency, Inc. purchased 2,985,600 units from its supplier at a cost of $62.00 per unit. Kilmar Design Agency sold 2,786,450 units of its product in 2021 at a price of $93.00 per unit. Kilmar Design Agency began 2021 with 349,500 units in inventory (inventory is carried at a cost of $62.00 per unit). Using this information, compute Kilmar Design Agency's gross profit for 2021. 5 22. Referring back to the previous question, compute Kilmar Design Agency's 2021 ending inventory balance in dollars (valued at cost per unit of $62.00)
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