If One Unit of Product X Used

question 71

Multiple Choice

If one unit of Product X used $.75 of direct materials and $6.00 of direct labor,sold for $12.00,and was assigned overhead at the rate of 20% of direct labor costs,how much gross profit was realized from this sale?

• A) $12.00
• B) $6.75
• C) $.75
• D) $1.20
• E) $4.05

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Definitions:

Rectum

The final section of the large intestine, terminating at the anus, where stool is stored before being expelled from the body.

Pancreatic Enzymes

Digestive enzymes produced by the pancreas that aid in the breakdown of fats, proteins, and carbohydrates in the intestine.

Trypsin

An enzyme produced by the pancreas that helps in the digestion of proteins in the small intestine.

Chymotrypsin

A digestive enzyme that breaks down proteins in the small intestine into smaller peptides.