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Blue Outdoor Stores Inc. uses a perpetual inventory system and has a beginning inventory, as at April 1, of 143 tents. This consists of 51
Blue Outdoor Stores Inc. uses a perpetual inventory system and has a beginning inventory, as at April 1, of 143 tents. This consists of 51 tents purchased in February at a cost of \$213 each and 92 tents purchased in March at a cost of $227 each. During April, the company had the following purchases and sales of tents. Calculate blue outdoorss gross profit and gross profit margin for the month of April
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