Last quarter, JT Engineering earned $301,400 in sales revenue and had $112,600 cost of goods sold (at standard). JT also experienced the variances listed below: Materials price $1,150 unfavorable Materials quantity $500 favorable Labor price $600 favorable Labor quantity $1,800 unfavorable Overhead $650 favorable What was JT's actual gross profit? O $184,100 O $193,500 O $190,000 O $187,600