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Compute the gross margin for each product line (Tenalpina Tools: Product Line Profitability) using the combination of direct labor hours and machine hours to allocate

Compute the gross margin for each product line (Tenalpina Tools: Product Line Profitability) using the combination of direct labor hours and machine hours to allocate overhead. Do the results make sense?

1. with respect to Giulias belief about margins?

2. with respect to current market conditions?

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