Multiple Choice
If one unit of Product X used $.75 of direct materials and $6.00 of direct labor,sold for $12.00,and was assigned overhead at the rate of 20% of direct labor costs,how much gross profit was realized from this sale?
A) $12.00
B) $6.75
C) $.75
D) $1.20
E) $4.05
Correct Answer:
Verified
Correct Answer:
Verified
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