Question: 36% is incorrect Exercise 6-19 a-b (Part Level Submission) Pharoah Company reported the following information for November and December 2020. December Cost of goods purchased
36% is incorrect
Exercise 6-19 a-b (Part Level Submission) Pharoah Company reported the following information for November and December 2020. December Cost of goods purchased Inventory, beginning-of-month Inventory, end-of-month Sales revenue November $537,000 128,000 176,060 843,000 $ 609,000 176,060 7772 1,000,000 Pharoah's ending inventory at December 31 was destroyed in a fire. (a) x Your answer is incorrect. Try again. Compute the gross profit rate for November. (Round answer to o decimal places, e.g. 15%.) X Gross profit rate 36% Click if you would like to Show Work for this question: Open Show Work LINK TO TEXT LINK TO TEXT
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