Answer:
Gross profit $83,000
Explanation:
The computation of the gross profit is as follows:
Sales (18,000 units × $13) $234,000
Less: Material
(14,500 × $2) -$29,000
(18,000 - 14,500) × $4 -$14,000
Less; labor
(14,500 × $4) -$58,000
(18,000 - 14,500) × $4 -$14,000
Less: Overhead
(14,500 × $2) -$29,000
(18,000 - 14,500) × $2 -$7,000
Gross profit $83,000