PRINTER VERSION BACK NEXT Exercise 6-19 a-b (Part Level Submission) Crane Company reported the following information for November and December 2020. November December Cost of goods purchased $538,000 $ 614,000 Inventory, beginning-of-month 126,000 161,910 Inventory, end-of-month 161,910 7727 Sales revenue 851,000 1,000,000 2 Crane's ending inventory at December 31 was destroyed in a fire. Compute the gross profit rate for November. (Round answer to 0 decimal places, e.g. 15%.) Gross profit rate % Click if you would like to Show Work for this question: Open Show Work LINK TO TEXT LINK TO TEXT Attempts: 0 of 5 used SAVE FOR LATER SUBMIT ANSWER The parts of this question must be completed in order. This part will be available when you complete the part above