Bramble Outdoor Stores Inc. uses a perpetual inventory system and has a

beginning inventory, as at April $1,$ of $151$ tents. This consists of $50$ tents

purchased in February at a cost of $$214$ each and $101$ tents purchased in

March at a cost of $$229$ each. During April, the company had the following

purchases and sales of tents:

Determine the cost of goods sold and the cost of the ending inventory using FIFO

Cost of goods sold $$145,547\mathrm{.}00$

Ending Inventory $ $32,450\mathrm{.}00$

Calculate Bramble Outdoors's gross profit and gross profit margin for the

month of April $($Round gross profit margin to $1$ decimal place, e$.$g$.1\mathrm{.}2\%$ and gross profit to

$0$ decimal places e$.$g$.5275)$

Gross Profit

Gross Profit Margin

$\%$