What the profit margin for product w58b is


A corporation has provided the following data from its activity-based costing system:

Activity Cost Pool Total Cost Total Activity
Assembly $613,250 55,000 machine-hours
Processing orders $46,170 1,500 orders
Inspection $146,110 1,900 inspection-hours
Data concerning one of the company's products, Product W58B, appear below:
Selling price per unit $113.70
Direct materials cost per unit $48.14
Direct labor cost per unit $11.62
Annual unit production and sales 360
Annual machine-hours 1,040
Annual orders 60
Annual inspection-hours 30

According to the activity-based costing system, what the profit margin for product W58B is:

 

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Accounting Basics: What the profit margin for product w58b is
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