How do I calculate gross profit per unit? I know that it would be the...
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Accounting
How do I calculate gross profit per unit? I know that it would be the cost of the product minus the sale price of the item? But, I am not sure when there are other things items are listed (direct materials, direct labor $20/hour, variable overhead, and fixed overhead. Chapter 11-41. Problem 2
Ex. Selling Price $ 40
Direct materials $ 10
Direct labor ($20/hour) $ 10
Variable Overhead $ 3
Fixed Overhead $3
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