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Exercise 6-19 (Part Level Submission) Bridgeport Company reported the following information for November and December 2019. Cost of goods purchased Inventory, beginning-of-month Inventory, end-of-month Sales
Exercise 6-19 (Part Level Submission) Bridgeport Company reported the following information for November and December 2019. Cost of goods purchased Inventory, beginning-of-month Inventory, end-of-month Sales revenue November December $517,000 $ 712,000 116,000 133,800 133,800 832,000 931,000 Bridgeport'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 LINK TO TEXT Attempts: 0 of 5 used SAVE FOR LATER SUBMIT ANSWER (b) The parts of this question must be completed in order. This part will be available when you complete the part above
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