green gladwell gadgets has just finished operation for the month. the company started, completed, and sold only one job the entire month with 10,000 units of product. the company uses cost-plus pricing to establish selling prices for all of its jobs witha mark-up percentage of 69%

direct materials. 25,645

direct labor. 19,839

applied manufacturing overhead. 10,648

assuming the company had no other jobs in WIP or FGI and no adjustment was needed for over-or under-applied for the month, what is the companys gross margin?