8. Solve both the parts a and b a. A. Compute the cost of food sold for the month of April from the following information. The food inventory on 31 March is 2400. A Physical record of the food inventory on April 30 shows a total of 1200 in storage. Purchase of food for April 2100 and employees meal amounted to 55. b. Compute the gross profit from the given information: Sales $90,000 Sales Allowances 10000 Cost of sales 24,000 All other Expenses 6000