the accounting records showed the following gross profit data for November and December a) compute the gross profit rate for November -gross profit rate for November____%? b)using the gross profit rate for November, determine the istemated cost of inventory lost in the fire? - inventory lost in the fire in Decembe$____?

RESOURCES Problem 6-10A (Part Level Submission Suzuki Company lost all of its inventory in a fire on December 26, 2017. The accounting records sh A (Part 04 Pa Net sales Beginning inventory Purchases Purchase returns and allowances Purchase discounts Freight-in Ending inventory $522,500 31,300 375,300 13,500 8,600 8,800 38,000 $645,000 38,000 424,000 14,500 9,000 9,400 s by Suzuki is fully insured for fire losses but must prepare a report for the insurance company (a) Compute the gross profit rate for November Gross profit rate