Note: March 4 reflects a return made by a customer of incorrect items shipped on March...

 

Transcribed Image Text:

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 WS06 during February 2023 was 35.88%. The selling price was $157 during both February and March. Calculate the gross profit ratio for Product W506 for March 2023 and determine whether the change is favourable or unfavourable from February (Round your intermediate calculations and final answer to 2 decimal places.) Gross profit ratio 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 WS06 during February 2023 was 35.88%. The selling price was $157 during both February and March. Calculate the gross profit ratio for Product W506 for March 2023 and determine whether the change is favourable or unfavourable from February (Round your intermediate calculations and final answer to 2 decimal places.) Gross profit ratio