If one unit of Product Z2 used $1.50 of direct materials and $3.90 of direct...

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Accounting

If one unit of Product Z2 used $1.50 of direct materials and $3.90 of direct labor, sold for $10.00, and was assigned overhead at the rate of 20% of direct labor costs, how much gross profit was realized from this sale? (Round your intermediate calculations and final answer to two decimal places.)

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