Question: Jax INC which uses a volume based cost system produces dog houses and has a gross profit margin of 28%. Direct Materials cost $2 per
Jax INC which uses a volume based cost system produces dog houses and has a gross profit margin of 28%. Direct Materials cost $2 per unit and direct labor costs $7 per unit. Manufacturing overhead is applied at a rate of 140% of direct labor cost. Non manufacturing costs are $2 per unit.
How much does each dog house sell for?
Question 1 O out of 1.25 points Jax, Inc. which uses a volume-based cost system, produces dog houses, and has a gross profit margin of 28%. Direct materials cost $2 per unit, and direct labor costs $7 per unit. Manufacturing overhead is applied at a rate of 140% of direct labor cost. Non manufacturing costs are $2 per unit. How much does each dog house sell for? (Round your answer to 2 decimals)
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