calculate the gross profit and gross profit margin

Pina Outdoor Stores Inc. uses a perpetual inventory system and has a beginning inventory, as at April 1, of 149 tents. This consists of 50 tents purchased in February at a cost of $207 each and 99 tents purchased in March at a cost of $221 each. During April, the Com had the following purchases and sales of tents: Purchases Units Unit Cost Date Apr. 3 10 Units 79 Sales Unit Price $378 205 $277 243 378 17 24 303 289 30 210 378 (a) Your answer is correct. Determine the cost of goods sold and the cost of the ending inventory using FIFO. Cost of goods sold $ 140456 $ Cost of the ending inventory 36125