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Penn Company Has the Following Data About Its Only Product

Question 27

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Penn Company has the following data about its only product: Penn Company has the following data about its only product: Penn Company uses the absorption approach.What is the gross margin? A) $300,000 B) $390,000 C) $450,000 D) $470,000 Penn Company has the following data about its only product: Penn Company uses the absorption approach.What is the gross margin? A) $300,000 B) $390,000 C) $450,000 D) $470,000 Penn Company uses the absorption approach.What is the gross margin?


A) $300,000
B) $390,000
C) $450,000
D) $470,000

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