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Analysis Component: The gross profit realized on the sale of Product W506 during February 2020...

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Accounting

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Analysis Component: The gross profit realized on the sale of Product W506 during February 2020 was 33.46%. The seling price was $151 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.) Gross profit ratio

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