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In Bramble Corp.s income statement, they report gross profit of $64000 at standard and the following variances: Materials price $420F Materials quantity 600 F Labor
In Bramble Corp.s income statement, they report gross profit of $64000 at standard and the following variances:
| Materials price | $420F |
| Materials quantity | 600 F |
| Labor price | 420 U |
| Labor quantity | 1000F |
| Overhead | 900 F |
Bramble would report actual gross profit of
$61500.
$66500.
$67340.
$60660.
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