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Exercise 6-19 a-b (Part Level Submission) Carla Vista Company reported the following information for November and December 2020 November December Cost of goods purchased $539,000

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Exercise 6-19 a-b (Part Level Submission) Carla Vista Company reported the following information for November and December 2020 November December Cost of goods purchased $539,000 603,000 Inventory, beginning-of-month 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) Compute the gross profit rate for November. (Round answer to 0 decimal places, e.g. 15%.) Gross profit rate

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