part b

Current Attempt in Progress Shamrock Company sells discounted shoes to the fashion-oriented consumer. The following schedule relates to the company's inventory for the month of March: Shamrock Company uses the perpetual imventory system. Calculate Shamrock Company's gross margin ratio using: (Round onswers to 2 decimal places, es. 61.05\%) i. FIFO ii. Weighted-average Which cost formula produced the higher gross margin? Calculate Shamrock Company's gross margin ratio using: (Round onswers to 2 decimal places, es. 61.05\%) i. FIFO ii. Weighted-average Which cost formula produced the higher gross margin? produces the higher gross margin. eTextbook and Media