When Sarah got an order from her neighbor to make a custom clock for $222, she...

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When Sarah got an order from her neighbor to make a custom clock for $222, she ran home and estimated its cost: direct materials $63, direct labor $73, budgeted MOH $58, and other general and administrative costs $52. How much gross margin will Sarah earn if she sells the clock for $222? Gross margin $ How much profit will Sarah earn? (Enter negative amount using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) Profit/(Loss) $ Is she likely to go ahead with this project? she is to go ahead with this project. When Sarah got an order from her neighbor to make a custom clock for $222, she ran home and estimated its cost: direct materials $63, direct labor $73, budgeted MOH $58, and other general and administrative costs $52. How much gross margin will Sarah earn if she sells the clock for $222? Gross margin $ How much profit will Sarah earn? (Enter negative amount using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) Profit/(Loss) $ Is she likely to go ahead with this project? she is to go ahead with this project.

Answer rating: 100% (QA)

Cost Analysis and Profit Determination for Sarahs Clock Project Cost Calculations Total cost of mate... View the full answer