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Ayayai Outdoor Stores Inc. uses a perpetual inventory system and has a beginning inventory, as at April 1, of 146 tents. This consists of 48 tents purchased in February at a cost of $ 207 each and 98 tents purchased in March at a cost of $ 229 each. During April, the company had the following purchases and sales of tents: Purchases Units Unit Cost Date Units Sales Unit Price $ 395 Apr. 3 74 10 204 $ 280 17 253 395 24 291 295 30 190 395 Calculate Ayayai Outdoors's gross profit and gross profit margin for the month of April. (Round gross profit margin to 1 decimal place, eg. 1.2 and gross profit to the nearest whole dollar, eg. 5,275.) Gross profit $ 81873 Gross profit margin 36.9 Ayayai Outdoor Stores Inc. uses a perpetual inventory system and has a beginning inventory, as at April 1, of 146 tents. This consists of 48 tents purchased in February at a cost of $ 207 each and 98 tents purchased in March at a cost of $ 229 each. During April, the company had the following purchases and sales of tents: Purchases Units Unit Cost Date Units Sales Unit Price $ 395 Apr. 3 74 10 204 $ 280 17 253 395 24 291 295 30 190 395 Calculate Ayayai Outdoors's gross profit and gross profit margin for the month of April. (Round gross profit margin to 1 decimal place, eg. 1.2 and gross profit to the nearest whole dollar, eg. 5,275.) Gross profit $ 81873 Gross profit margin 36.9

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