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IrinaK [193]
4 years ago
14

If one unit of Product Z2 used $2.00 of direct materials and $3.40 of direct labor, sold for $11.00, and was assigned overhead a

t the rate of 25% of direct labor costs, how much gross profit was realized from this sale? (Round your intermediate calculations and final answer to two decimal places.)
Business
1 answer:
zheka24 [161]4 years ago
4 0

Answer:

Gross profit= $4.75

Explanation:

Giving the following information:

Product Z2:

$2.00 of direct materials

$3.40 of direct labor.

sold for $11.00.

Designated overhead at the rate of 25% of direct labor costs.

Gross profit= sales - direct material - direct labor - manufacturing overhead

Gross profit= 11 - 2 - 3.4 - (3.4*0.25)= $4.75

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Answer:

The correct answer is B

Explanation:

The Bill of Rights is the one which guarantees the liberties as well as the civil rights to the individual such as the religion, press and freedom of speech.

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Therefore, the one where all the rights limit the federal government.

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3 years ago
During February, $186,500 was paid to creditors on account, and purchases on account were $201,400. Assuming the February 28 bal
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Answer:

Accounts payable (opening) = $ 45000.

Account rec during year = $464570

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Explanation:

As we know that:

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Accounts payable (open)= 186500+59900-201400

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As we know that:

Account receivables (open) + A/c receivable during year - A/c receivable (end)=Cash collected.

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As we know that:

Cash (open) + Cash collected - Cash (end)= Cash payment during period.

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3 years ago
What is a major function of both retail and business banks?
dimaraw [331]

Answer:

A. Providing checking and savings accounts

Explanation:

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Answer:

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A. home health aides; computer programmers

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3 years ago
If an externality is present resulting in market failure then
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<span>Then the private benefit from consumption will will not be the same as the social benefit from consumption.</span>

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