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If one unit of Product Z2 used $2.30 of direct materials and $3.10 of direct labor, sold for $11.00, and was assigned overhead at the

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If one unit of Product Z2 used $2.30 of direct materials and $3.10 of direct labor, sold for $11.00, and was assigned overhead at the rate of 28% 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 $4.73. $5.60. $5.40 $11.00. $.87

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