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Carla Vista Company reported the following information for November and December 2022 November December Cost of goods purchased Inventory, beginning-of-month $539,000 $603,000 138,000 176,680

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Carla Vista Company reported the following information for November and December 2022 November December Cost of goods purchased Inventory, beginning-of-month $539,000 $603,000 138,000 176,680 Inventory, end-of-month 176,680 ? Sales revenue 848,000 1,000,000 Carla Vista's ending inventory at December 31 was destroyed in a fire. (a) Your answer is correct. Compute the gross profit rate for November. Gross profit rate 41 05/1

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