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Question
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?A.$8.00.
B.$5.50.
C.$2.50.
D.$1.60.
E.$0.90.
Answer
This answer is hidden. It contains 97 characters.
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