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Selling Price : $17 Fixed expenses Selling and Administrative $130,000 Interest Expense $10,000 Variable Expenses Material Costs $4 Direct Labor $3 What is the company's

Selling Price: $17

Fixed expenses

Selling and Administrative $130,000

Interest Expense $10,000

Variable Expenses

Material Costs $4

Direct Labor $3

What is the company's gross margin?

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