Question

Leonard, inc., which uses a volume-based cost system, produces cat condos that sell for $126 each. direct materials cost $10 per unit, and direct labor costs $23 per unit. manufacturing overhead is applied at a rate of 175% of direct labor cost. nonmanufacturing costs are $22 per unit. what is the gross profit per unit for the cat condos? (round your answer nearest whole dollar.)

Answer 1

The gross profit is $146.75