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Do It! Review 11-4 Tropic Zone Corporation experienced the following variances: materials price $290 U, materials quantity 1,430 F, labor price $670 F, labor quantity

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Do It! Review 11-4 Tropic Zone Corporation experienced the following variances: materials price $290 U, materials quantity 1,430 F, labor price $670 F, labor quantity 420 F, and total overhead $1,010 U. Sales revenue was $77,400, and cost of goods sold (at standard) was $43,300 Determine the actual gross profit. Actual gross profit

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