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Hardware Company purchases door hardware sets for $29.86 each. It charges customers $49.99 for the hardware and installation. The labor and other overhead total $11.75 for each …

Hardware Company purchases door hardware sets for $29.86 each. It charges customers $49.99 for the hardware and installation. The labor and other overhead total $11.75 for each …
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Hardware Company purchases door hardware sets for $29.86 each. It charges customers $49.99 for the hardware and installation. The labor and other overhead total $11.75 for each set installed. What is the net profit per set?

asked
User TomEberhard
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7.5k points

2 Answers

4 votes
49.99 - 29.86 - 11.75 = net profit per set
answered
User Paglian
by
8.6k points
3 votes
Net profit= markup - overhead
Net profit=(49.99−29.86)−11.75
Np=8.38
answered
User Skeets
by
8.3k points
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