Production of one unit of Product BJM used $27.50 of direct materials and $21.00 of direct labor. The unit sold for $76.00 and was assigned overhead at a rate of 30% of direct labor costs. What is the gross profit on the sale of one unit of Product BJM?
What will be an ideal response?
| Selling price per unit | ? | $76.00 |
| Direct materials | $27.50 | ? |
| Direct labor | 21.00 | ? |
| Overhead applied ($21 ?.3) | 6.30 | ? |
| Total job cost per unit | ? | 54.80 |
| Gross profit per unit | ? | $21.20 |
Business
You might also like to view...
One effective way to elicit feedback about your presentation from an intercultural audience is to frequently ask them if they understand
Indicate whether the statement is true or false
Business
In the context of business product categories, _____ include finished products used in producing other products.
A. specialty products B. installations C. component parts D. accessory equipment
Business
The terms "foreseeability" and "proximate cause" are associated with the tort of
a. conversion. b. trespass. c. slander. d. negligence.
Business
A bot can use a __________ to capture keystrokes on the infected machine to retrieve sensitive information
What will be an ideal response?
Business