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Required Information The following information applies to the questions displayed below FindMe Inc.. (FI) has developed a coin-sized tracking tag that attaches to key rings,

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Required Information The following information applies to the questions displayed below FindMe Inc.. (FI) has developed a coin-sized tracking tag that attaches to key rings, wallets, and other items and can be prompted to emit a signal using a smartphone app. Fl sells these tags, as well as water-resistant cases for the tags, with terms FOB shipping point. Assume Fl has no inventory at the beginning of the month, and it has outsourced the production of its tags and cases. Fl uses FIFO and has entered into the following transactions: Jan. 2: FI purchased and received 278 tags from Xioasi Manufacturing (0M) at a cost of $6 per tag, n/15. an. 4: FI purchased and received 78 cases from Bachittar Products (BP) at a cost of $3 per case, n/28. Jan. 6: FI paid cash for the tags purchased from XM on Jan. 2 Jan. 8: FI nailed 178 tags via the U.s. Postal Service (USPS) to customers at a price of $32 per tag, on account. Jan. 11: FI purchased and received 378 tags from XM at a cost of $9 per tag, n/15 Dan. 14: FI purchased and received 178 cases from 8P at a cost of $3 per case, n/28. Jan. 16: FI paid cash for the cases purchased from BP on Jan. 4 Jan. 19: FI mailed 138 cases via the USPS to customers at a price of $13 per case, on account. Jan. 21: FI ailed 270 tags to customers at a price of ss2 per tag 2. Calculate the dollars of gross profit and the gross profit percentage from selling tags and cases 3. Which product line yields more dollars of profit? 4. Which product line yields more profit per dollar of sales? Complete this question by entering your answers in the tabs below. Required 2Required 3 Required 4 Calculate the dollars of gross profit and the gross profit percentage from selling tags and cases.( Percentage answers to 2 decimal places.) Round your "Gross Profit Cases Gross Profit Gross Proft Percentage Required 3 >

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