If one unit of Product Z2 used $1.80 of direct materials and $3.60 of direct labor, sold for $9.00, and was assigned overhead at the rate of 23% 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 $2.77. $3.60. $9.00. Minstrel Manufacturing uses a job order costing system. During one month Minstrel purchased $191,000 of raw materials on credit; issued materials to production of $212,000 of which $13,000 were indirect. Minstrel incurred a factory payroll of $156,000, paid in cash, of which $23,000 was indirect labor. Minstrel uses a predetermined overhead rate of 150% of direct labor cost. The total manufacturing costs added during the period are: Multiple Choice $589,000. $544,500 $602,000. O $531,500 $566,000