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Business, 09.07.2020 06:01, annie2u559
Problem 20: In the year 2001, product A was sold. for $300 per
unit making a gross profit of 20% on sales. The total
production cost was made up of 25% of direct material, 40%
of direct labor, and 35% of factory overhead. Due to general
rise in prices in 2002, the selling price of the product
increased by 15%. The cost of production has also increased
resulting in increase of Material, Labor, and factory overhead
costs by 10%, 15%, and 12% respectively. What will be the
gross profit per unit in 2002?
![answer](/tpl/images/cats/otvet.png)
Answers: 2
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Problem 20: In the year 2001, product A was sold. for $300 per
unit making a gross profit of 20% on...
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