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A company has the following inventory transactions Date Transaction Price/Unit Units 200 March 1 55 Beginning Balance Purchase March 4 125 $6 Sell March 12

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A company has the following inventory transactions Date Transaction Price/Unit Units 200 March 1 55 Beginning Balance Purchase March 4 125 $6 Sell March 12 250 $12 Purchase March 23 56 100 50 Sell $12 March 28 % (Note: Enter numbers only, no symbols, spaces, What is the company's Gross Profit Rate using FIFO in a periodic inventory system? commas, etc. Round final answer to the nearest whole number)

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