Washington Company has the following data about its only product: 
Washington Company uses the absorption approach.What is the gross margin?
Definitions:
Placement Recommendations
Recommendations for assigning individuals to specific positions, levels, or types of educational or professional environments based on assessment or evaluation results.
Predictive Validity
Evidence that test scores are able to predict a future criterion or standard. A type of criterion-related validity.
Predictive Validity
A measure of how well a test score or outcome can predict future performance, behavior, or outcomes in a related area.
Cognitive Ability
The capacity to perform higher mental processes of reasoning, remembering, understanding, problem solving, and decision making.
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