In Zero Companys income statement, they report actual gross profit of $52,500 and the following variances: Materials price $ 420 F

Materials quantity 600 F

Labor price 420 U

Labor quantity 1,000 F

Overhead 900 F

Zero would report gross profit at standard of

A) $53,340.

B) $46,660.

C) $47,500.

D) $50,000.