Richard was looking back at the profitability of a few jobs from the prior year, wondering if more profit could have been generated. The executive team of this custom manufacturing shop tries to achieve gross margins near 50% for all of its projects. Each completed job that Richard examined was profitable when overhead costs were determined using the companys actual costing system. Still, since he didnt have those total job costs until the end of the year, he wondered if he could have built in a larger gross margin if he had been able to better estimate these total job costs sooner. Here is more detailed information on the three jobs Richard is reviewing:

		Job #45		Job #76		Job #82
Actual DM costs		$4,100		$10,500		$14,900
Actual DL costs		2,550		12,700		8,400
Applied MOH costs under actual costing		16,575		82,550		54,600
Total costs		23,225		105,750		77,900
Sales revenue		39,000		182,000		117,000

In this manufacturing company, MOH is applied based on direct labor costs.

If Richard had used normal costing instead of actual costing, what would the gross margin amount and percentage have been for each job? Assume the same selling prices would have been charged, and assume a budgeted MOH rate of $7/DL dollar would have been used. (Round percentages to 2 decimal places, e.g. 52.75%.)(b)

		Job #45			Job #76			Job #82
Gross margin		$			$			$
Gross margin percentage			%			%			%