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Exercise 6-19 a-b (Part Level Submission) Pharoah Company reported the following information for November and December 2020. November Cost of goods purchased Inventory, beginning-of-month Inventory,

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Exercise 6-19 a-b (Part Level Submission) Pharoah Company reported the following information for November and December 2020. November Cost of goods purchased Inventory, beginning-of-month Inventory, end-of-month Sales revenue $537,000 128,000 176,060 843,000 December $ 609,000 176,060 7777 1,000,000 Pharoah'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 % Click if you would like to Show Work for this question: Open Show Work LINK TO TEXT LINK TO TEXT

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