Penn Company has the following data about its only product: 
Penn Company uses the absorption approach.What is the gross margin?
Definitions:
Cross-Functional Team
A team composed of members from different departments or areas of expertise, working together towards a common goal.
Collaboration
The act of working together with one or more people to achieve a common goal or project.
Teamwork
Teamwork involves the collaborative effort of a group to achieve a common goal or to complete a task in the most effective and efficient way.
Coordinated Series
A sequence of elements, events, or activities that are planned or occur in a mutually supportive manner.
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