Question: For 2020, The following data is compiled for James Construction. Sales in units for steel, 5,000, Wood 40,000. Direct material and labour cost per unit,

For 2020, The following data is compiled for James Construction. Sales in units for steel, 5,000, Wood 40,000. Direct material and labour cost per unit, steel $3,600, wood $2,600. Manufacturing overhead costs per unit, steel $1,800, Wood $2,400. Pricing coefficient, steel 2.2, wood 1.9

The following information has been provided for sales in 2020. Customer 1 placed an order for 54 steel fences and 25 wood fences. Customer 2 placed an order for 230 steel fences and 420 wood fences. Customer-related costs were $90,000 for customer 1 and $1,310,000 for customer 2

What is the gross profit margin (in percentage) for each product?

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