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If one unit of Product Z2 used $3.10 of direct materials and $3.60 of direct labor, sold for $10.00, and was assigned overhead at the
If one unit of Product Z2 used $3.10 of direct materials and $3.60 of direct labor, sold for $10.00, and was assigned overhead at the rate of 36% 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 $10.00. $3.30. $1.30. $2.00. $6.70
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