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5 20 points Telamark Company uses the moving weighted average method for inventory costing Required: The following incomplete Inventory sheet regarding Product W506 is available

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5 20 points Telamark Company uses the moving weighted average method for inventory costing Required: The following incomplete Inventory sheet regarding Product W506 is available for the month of March 2020. Complete the inventory sheet. (Use the value of the ending inventory as your base number and adjust the COGS Somount to the required amount to make the Total Goods Available for Sale to the total of the Value of the ending inventory and the COGS total, Negative value should be indicated with minus sign. Round your intermedinte and final answers to 2 decimal places.) Skipped Cost of Goods Sold/Returns to Inventory BOOK Balance in Inventory Avg Total $ Cost/Unit 9400 $ 5.452 00 ASR Units Cost/Unit Total Purchases/Transportation in (Purchase Returns/Discounts) Date Units Cost/Unit Total $ MA 1 Brought Forward 2 335 9600 3 Units 58S Pent References 34 (14) 53 4 7 39 9700 41 17 28 Total Ending Inventory Goods Sold Goods Available for Sale Skipped Note: March 4 reflects o 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 3703%. The selling price was $160 during both February and March. Calculate the gross profit ratio for Product W506 for March 2020 and determine whether the change is favorable of unfavorable from February (Round your intermediate calculations and final answer to 2 decimal places.) pent Gross proftratio

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