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Help Save & Hone unit of Product Z2 used $2.40 of direct materials and $3.00 of direct labor, sold for $10.00, and was assigned overhead

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Help Save & Hone unit of Product Z2 used $2.40 of direct materials and $3.00 of direct labor, sold for $10.00, and was assigned overhead at the rate of 29% of direct labor costs, how much gross profit was realized from this sale? (Round your intermediate calculations and final answer to two decimal places.) Multiple Choice $3.73 $10.00 $.87 $5.40 $460

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