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Determine the cost of goods sold and the cost of the ending inventory using FIFO.

Cost of goods sold

Ending inventory

$($b$)$

Calculate Flounder Outdoors's gross profit and gross profit margin for the month of April. $($Round gross profit margin to $1$ decimal place, e$.$g$.1\mathrm{.}2\%$ and gross profit to $0$ decimal places, e$.$g$.5,275.)$

Gross profit

$

Gross profit margin $$

$\%$

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