Item$24$

$4$

points

eBookReferencesItem $24$

TB MC Qu$.2-94($Algo$)$ Vegas Company has the following unit...

Vegas Company has the following unit costs:

Variable manufacturing overhead $ $32$

Direct materials $27$

Direct labor $26$

Fixed manufacturing overhead $19$

Variable marketing and administrative $14$

Vegas produced and sold $12,500$ units. If the product sells for $$125,$ what is the gross margin?