Answer:
The gross profit margin for the cat condo is 50%
Explanation:
Since the gross profit per unit is not given, so first we have to find it. The calculation is shown below:
= Selling price per unit - Direct materials cost per unit - direct labor costs per unit - Manufacturing overhead per unit
= $90 per unit - $15 per unit - $10 per unit - $20 per unit ( $10 per unit × 200%)
= $45 per unit
Now apply the Gross profit formula which is shown below:
= (Gross profit per unit ÷ selling price per unit) × 100
= ($45 per unit ÷ $90 per unit) × 100
= 50%
The first three activities of the human resource management human resource management process ensure that competent employees are identified and selected. The final three activities of the human resource management process ensure that the organization retains competent and high-performing employees. In addition, in organizations, affirmative action programs ensure that protected classes are retained and their opportunities are maintained.
Your answer would be #3 - wear and tear fees
