Question: pints eBook Print Note: March 4 reflects a return made by a customer of incorrect items shipped on March 3; these items were returned to

pints eBook Print 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 2023 was 38.80%. The selling price was $164 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 64.00% favourable

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