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Sully Company provided the following information for last month. Production in units 3,000 Direct materials cost $7,000 Direct labor cost $10,000 Overhead cost $9,600 Sales
Sully Company provided the following information for last month.
Production in units | 3,000 |
Direct materials cost | $7,000 |
Direct labor cost | $10,000 |
Overhead cost | $9,600 |
Sales commission per unit sold | $4 |
Price per unit sold | $29 |
Fixed selling and administrative expense | $7,000 |
There were no beginning and ending inventories. What is gross margin for Sully Company last month?
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