Fowler Company is a company that produces customized bicycles. It follows job-order costing. During the month of October, Fowler had three jobs in process, Jobs 3, 4, and 5. By the end of the month, all three jobs had been completed, with Job 3 being sold for $435. The following costs belong to each job:

	Job 3		Job 4		Job 5
Direct materials	$80		$75		$85
Direct labor	100		110		95
Applied overhead	120		132		114
Total	$300		$317		$294

A. Overhead is applied based on direct labor dollars. What is the predetermined overhead rate? fill in the blank 1 % of direct labor cost

B. What is the percentage of markup used by Fowler to price its jobs? fill in the blank 2 %

C. What is the gross margin on Job 3?