How much gross profit was realized from this sale


If one unit of Product X used $3.10 of direct materials and $3.60 of direct labor, sold for $10.00, and was assigned overhead at the rate of 36% of direct labor costs, how much gross profit was realized from this sale?

Request for Solution File

Ask an Expert for Answer!!
Accounting Basics: How much gross profit was realized from this sale
Reference No:- TGS0688379

Expected delivery within 24 Hours