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Help Save & Exit SL During its first month of operations, Putrfect Pets purchased 6,200 bags of dog food at a cost of $5 a
Help Save & Exit SL During its first month of operations, Putrfect Pets purchased 6,200 bags of dog food at a cost of $5 a bag and sold alt 6,200 bags of dog food oh account with payment terms of 2/10, 1/30 for $10 each. A total of 2.600 of these bags were sold to customers who paid within the discount period, the other customers paid after the discount period had ended. Sales allowances totaling $200 were granted to customers whose dogs did not like the dog food Required: a. Calculate the gross profit for the month b. Calculate the gross profit percentage for the month Complete this question by entering your answers in the tabs below. Required A Required B Calculate the gross profit for the month Gross Profit med Required 8 > During its first month of operations, Purrfect Pets purchased 6,200 bags of dog food at a cost of $5 a bag and sold all 6,200 bags of dog food oh account with payment terms of 2/10, 1/30 for $10 each. A total of 2.600 of these bags were sold to customers who paid within the discount period the other customers paid after the discount period had ended, Sales allowances totaling $200 were granted to customers whose dogs did not like the dog food. Required: a. Calculate the gross profit for the month b. Calculate the gross profit percentage for the month Complete this question by entering your answers in the tabs below. Required A Required B Calculate the gross profit percentage for the month. (Round your answer to i decimal place (.e., 0.1234 should be entered as Gross Profit Percentage
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