Last quarter, RL Enterprises earned $221,500 in sales revenue and had $89,600 cost of goods sold (at standard). RL also experienced the following variances: Materials price $2,400 favorable Materials quantity $1,500 unfavorable Labor price $800 unfavorable Labor quantity $600 unfavorable Overhead $1,650 favorable What was RL's actual gross profit? O $133,050 O $138,850 $130,750 O $124.950