Question: View Policies Current Attempt in Progress Bramble Company lost all of its inventory in a fire on December 26,2022 . The accounting records showed the

View Policies Current Attempt in Progress Bramble Company lost all of its inventory in a fire on December 26,2022 . The accounting records showed the following inventory related data for November and December. Bramble is fully insured for fire losses but must prepare a report for the insurance company. Compute the gross profit rate for November. Gross profit rate eTextbook and Media Attempts: 0 of (b) Using the gross profit rate for Navember, determine the estimated cost of the inventory lost in the fire. Estimated inventory lost in fire
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