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Current Attempt in Progress Sunland Company reported the following information for November and December 2022. Sunland's ending inventory at December 31 was destroyed in a
Current Attempt in Progress Sunland Company reported the following information for November and December 2022. Sunland's ending inventory at December 31 was destroyed in a fire. (a) Compute the gross profit rate for November. Gross profit rate % eTextbook and Media Attempts: 0 o (b) 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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