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Crane Company reported the following information for November and December 2022. Crane's ending inventory at December 31 was destroyed in a fire. (a) Compute the

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Crane Company reported the following information for November and December 2022. Crane's ending inventory at December 31 was destroyed in a fire. (a) Compute the gross profit rate for November. Using the gross profit rate for November, determine the estimated cost of inventory lost in the fire. Estimated cost of ending inventory $

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