Thursday
November 27, 2014

Homework Help: Accounting

Posted by Ray on Tuesday, April 14, 2009 at 2:41pm.

If one unit of Product X used $1.5 of direct materials and $2 of direct labor, sold for $11, and was assigned overhead at the rate of 20% of direct labor costs, how much gross profit was realized from this sale?
a.$11 b.$7.5 c.$4.6 d.$7.10 e.$3.5

Answer this Question

First Name:
School Subject:
Answer:

Related Questions

managerial Accounting - Smith Co uses a standard cost system for its single ...
Cost accounting - (Predetermined OH rate) For 2008, Southwest Industrial has a ...
Accounting - Calculate variable cost variances—explain results The standards for...
Cost Accounting - For 2008, Southwest Industrial has a monthly overhead cost ...
College Accounting 211 - A company's predetermined overhead rate is $19.00 per ...
Concordia - All costs shown are on a per unit of product sold basis. Sales = $18...
Accounting - 1. The company uses a job-order costing system. How would you ...
Managerial Accounting Help - Cotta Cots uses a standard cost system in which ...
accounting - ABC's Product information Current Product Expansion Product (...
accounting - Selected T-accounts for Rolm Company are given below for the just ...

Search
Members