Learn French: Le bois est parfait pour notre table. - The wood is perfect for our table.

Yes! In French, le bois can mean the material wood (as in this sentence) or a small forest (the woods). You have to rely on the context to know which one is meant.

Why is the adjective parfait masculine when table is feminine?

The adjective parfait describes le bois (the wood), not notre table. Because le bois is a masculine noun, parfait stays in its masculine singular form. If it were describing the table, it would be parfaite.

Does notre change depending on whether the noun is masculine or feminine?

No, notre (meaning our) is exactly the same for both masculine and feminine singular nouns. You only need to change it to nos if the noun is plural, like in nos tables.

Are the final consonant letters in bois and parfait pronounced?

No, the final s in bois and the final t in parfait are silent. This is a very common rule in French: most final consonants are not pronounced unless they link to a vowel in the next word.