THE STARBRIGHT COMPANY MAKES ALARM CLOCKS. INFORMATION ON THE PRODUCT IS AS FOLLOWS: CLOCKS: SALES- 180,000$ DIRECT

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Question:

THE STARBRIGHT COMPANY MAKES ALARM CLOCKS.
INFORMATION ON THE PRODUCT IS AS FOLLOWS:
CLOCKS:

SALES- 180,000$
DIRECT MATERIALS- 60,000
DIRECT LABOR- 20,0000

OVERHEAD COSTS ARE ALLOCATED AT THE RATE OF 120% OF MATERIAL COSTS.
COMPANY GROSS PROFITS ARE?rn