"Tables are Us" nrodures chairs. Financial information for the first quarter of 2021 is presented below

"Tables are Us" produces chairs. Financial information for the first quarter of 2021 is presented below: Sales revenue $3,000 Cost of goods sold $850 $235 SG&A Selling price per chair $ 100 per chair Variable SG&A $6 per chair Variable manufacturing costs $25 per chair If 55 chairs are expected to be sold during the second quarter of 2021, the selling price remains the same, and this activity is within the relevant range, the company's expected Gross Margin in the second quarter would be: