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Question 11 Grouper Outdoor Stores Inc. uses a perpetual inventory system and has a beginning inventory, as at April 1, of 149 tents. This consists

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Question 11 Grouper Outdoor Stores Inc. uses a perpetual inventory system and has a beginning inventory, as at April 1, of 149 tents. This consists of 51 tents at a cost of $210 each and 98 tents at a cost of $225 each. During April, the company had the following purchases and sales of tents: Purchases Units Unit Cost Date Apr. 3 10 Sales Units Unit Price 79 $420 205 $272 261 420 307 289 200 420 X Your answer is incorrect. Try again. Determine the cost of goods sold and the cost of the ending inventory using FIFO. Cost of goods sold 46360 Cost of the ending inventory 130883 LINK TO TEXT LINK TO TEXT Your answer is incorrect. Try again. Calculate Grouper Outdoors's gross profit and gross profit margin for the month of April. (Round gross profit margin to 1 decimal place, e.g. 1.2 and gross profit to the nearest whole dollar, e.g. 5,275.) Gross profit 180140 Gross profit margin T 0.8 % LINK TO TEXT LINK TO TEXT

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