Question: please do it correctly will upvote Bramble Company lost all of its inventory in a fire on December 26,2022 . The accounting records showed the

please do it correctly will upvote Bramble Company lost all of

please do it correctly will upvote

Bramble Company lost all of its inventory in a fire on December 26,2022 . The accounting records showed the following inventoryrelated data for November and December. Bramble 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 % eTextbook and Media Attempts: 0 of 5 used (b). Using the gross profit rate for November, determine the estimated cost of the inventory lost in the fire. Estimated inventory lost in fire $

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