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Pima, Incorporated, manufactures calculators that sell for $67 each. Each calculator uses $24 in direct...

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Accounting

Pima, Incorporated, manufactures calculators that sell for $67 each. Each calculator uses $24 in direct materials and $14 in direct labor per unit. Pima has two activities: Machining, which is applied at the rate of $4 per machine hour, and Finishing, which is applied at the rate of $20 per batch. This month, Pima made 490 calculators, using 1,225 machine hours in 49 batches. What is the gross profit for one calculator?
Multiple Choice
$29
$34
$44
$17
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