Vision Enterprises manufactures digital video equipment. For each unit, $3,000 of direct material is used and there is $2,000 of direct manufacturing labor at $20 per hour
Manufacturing overhead is applied at $25 per direct manufacturing labor hour. Calculate the profit earned on 50 units if each unit sells for $9,000.
A) $65,000
B) $80,000
C) $75,000
D) $2,500
Answer: C
You might also like to view...
Although technology has evolved, fans are still consuming sport through the same levels today as they have for the past two decades
a. true b. false
Pollard entered into a sales contract to purchase a specific Picasso painting from Jenson for $15 million. When Pollard tenders payment, Jenson refuses to sell the painting to the buyer
Which of the following legal rights to remedy can Pollard exercise to retrieve the Picasso painting from Jenson? A) right to cover B) right to recover damages for nondelivery C) right to obtain specific performance D) right to cancel the contract