Question

Imperial Jewelers manufactures and sells a gold bracelet for 403.00. The company's accounting system says the unit product cost for this bracelet is265.00. What is the profit per unit for the gold bracelet?

Answer 1

To calculate the profit per unit for the gold bracelet, subtract the unit product cost from the selling price, resulting in a profit of $138.00 per unit.

Step-by-step explanation:

The profit per unit for the gold bracelet can be calculated by subtracting the unit product cost from the selling price. Therefore, the profit per unit would be $403.00 (selling price) minus $265.00 (unit product cost), which equals $138.00 (profit per unit).