Coble Woodworking Corporation produces fine cabinets. The company uses a job-order costing system in which its predetermined overhead rate is based on capacity. The capacity of the factory is determined by the capacity of its constraint, which is an automated shaper. Additional information is provided below the most recent month: Estimates at the beginning of the month: Estimated total fixed manufacturing overhead Capacity of the shaper ac: $33,075 270 hours results Sales $79,268 Direct materials $12,200 $17,400 Direct labor fixed manuftactur overhead 8.100 Selling and administrative exnense Actual hours of shaper use 250 hours The gross margin that would be reported the income statement prepared for internal management purposes would be closest to: Multiple Choice $19.043 $16,593 $10.943 $79,268 LO