View the step-by-step solution to:

gross margin: $81,840 inventory at cost:

gross margin: $81,840

inventory at cost:

BOM stock February $19,200

BOM stock March $20,100

BOM stock April $22,500

BOM stock May $24,800

BOM stock June $22,400

BOM stock July $19,000

BOM stock August $21,400

BOM stock September $22,500

BOM stock October $25,200

BOM stock NOvember $26,100

BOM stock December $23,200

BOM stock January $20,000

EOM stock January $19,600

Top Answer

GMROI= Gross Marin/ Average... View the full answer

1 comment
  • On rounding , we get $ 3.69
    • ProgrammingMaster
    • Jul 20, 2016 at 2:46am

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