Question: Note: March 4 reflects a return made by a customer of incorrect items shipped on March 3; these items were returned to Inventory. Analysis Component

Note: March 4 reflects a return made by a customer of incorrect items shipped on March 3; these items were returned to Inventory. Analysis Component The gross profit realized on the sale of Product W506 during February 2020 was 35.44% The selling price was $155 during both February and March. Calculate the gross profit ratio for Product W506 for March 2020 and determine whether the change is favorable or unfavorable from February (Round your intermediate calculations and final answer to 2 decimal places.) Grote profit ratio 23 Note: March 4 reflects a return made by a customer of incorrect items shipped on March 3; these items were returned to Inventory. Analysis Component The gross profit realized on the sale of Product W506 during February 2020 was 35.44% The selling price was $155 during both February and March. Calculate the gross profit ratio for Product W506 for March 2020 and determine whether the change is favorable or unfavorable from February (Round your intermediate calculations and final answer to 2 decimal places.) Grote profit ratio 23

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