XYZ Corporation processes and produces various sports t-shirts according to customers orders. The company intends to sell 500 units of soccer t-shirt (Job 550) to Star Supermarket at a total price of RM150,000. The following information is available:

a) - Direct raw materials : $65,000

- Direct labour : $20,000

b) - XYZ Corporation selected machine hours as the basis to allocate its indirect cost to Job 550.

- Job 550 used 650 machine hours

- 3,200 machine hours were used for all jobs, including Job 550.

c) Actual total manufacturing overhead cost is RM73, 500.

You are required to calculate the gross profit margin from Job 550