True Company has the following data about its only product: jin

True Cotnpanv has the t'ollc"vint, data about its only product: Direct materials used Direct labor Indirect tixed Selling and administrative fixed Indirect manufacturing variable Selling and administrative variable Selling price (per unit) Vrats produced and sold $200,000 90,000 120,000 -190,000 40,000 90,000 70 10,000 Trae Companv uses the absorption approach. What is the gross margin?