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Product A Current Year Prior Year Cost Per Item 7.94 8.22 Price Per Item 10.20 9.99 Quantity Sold 322 333 Product B Current Year Prior

Product A Current Year Prior Year Cost Per Item 7.94 8.22 Price Per Item 10.20 9.99 Quantity Sold 322 333 Product B Current Year Prior Year Cost Per Item 18.86 18.14 Price Per Item 26.39 25.60 Quantity Sold 333 341 Product C Current Year Prior Year Cost Per Item 28.26 29.11 Price Per Item 29.57 30.37 Quantity Sold 320 333 Please compute the GPM for each product for each year. 1 What was the average GPM for the current year? A Between 10.00% and 27.00% B Between 27.00% and 33.00% C Between 33.00% and 38.00% D Between 38.00% and 50.00%

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