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What is the gross margin per unit

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Reference no: EM132597741

Question 1: LOOKY delivered 90 custom-designed cameras to its customer REC. The following cost information was compiled in connection with this order: Direct Materials Used for Part A51: 1 unit costing 53 EUR per camera; and Part B52: 2 units per camera costing each 54 EUR. Direct Labor used was for assembly: 2 hours per camera at the rate of 22 EUR per hour, and for inspection: 0.75 hour per camera at the rate of 27 EUR per hour. In addition, the company applies manufacturing overhead costs to jobs at the rate of 16 EUR per direct labor hour. The selling price for each camera is 455 EUR. What is the gross margin per unit [in Euro]?

Reference no: EM132597741

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