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user100 [1]
3 years ago
5

If one unit of Product Z2 used $2.50 of direct materials and $3.00 of direct labor, sold for $8.00, and was assigned overhead at

the rate of 30% of direct labor costs, how much gross profit was realized from this sale?
Business
1 answer:
Feliz [49]3 years ago
8 0
<span>Since the amount of money given for materials is 2.50 $, and labor cost is 3.00 $ so it’s overall 5.50 $. It will be sold for 8.00 $ and %30 of this amount will be reducted as direct labor costs, so only %70 of the price can be accessed. So %70 of the amount corresponds to 5.60 $. Since the overall cost was 5.50 $ and the net amount of sales is 5.60, 0.10 $ will be realized from this sale.</span>
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</span>I hope my answer has come to your help. Thank you for posting your question here in Brainly. We hope to answer more of your questions and inquiries soon. Have a nice day ahead!
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Bob and mary are financing $180,500 for a new home. their lender will approve an interest rate of 5% if bob and mary pay two dis
nata0808 [166]

Bob and mary are financing $180,500 for a new home. their lender will approve an interest rate of 5% if bob and mary pay two discount points at closing. Cost them is $3,610.

A discount point is 1% of the loan amount. Bob and Mary are paying two points (or 2% of $180,500), which is $3,610.

What is discount points?

  • Discount points are a shape of paid ahead of time intrigued that contract borrowers can buy to lower the intrigued rate on their consequent month to month payments.
  • Discount points are a one-time expense, paid up front either when a contract is to begin with orchestrated or amid a refinance.
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  • Points don’t continuously got to be paid out of the buyer’s stash; they can some of the time be rolled into the advance adjust or paid by the vender.

To know more about discount points visit:

brainly.com/question/14329985?

#SPJ4

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3 years ago
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