Question: I need the correct answer to this general accounting problem using the standard accounting approach. A Japanese electronics manufacturer has a total price of 53.6

I need the correct answer to this general accounting problem using the standard accounting approach.

A Japanese electronics manufacturer has a total price of 53.6 million for a custom industrial robot but faces only $2.7 million in marginal cost to produce. What is the initial gross margin? A. 15% B. 20% C. 25% D. 30%

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