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Last quarter, RL Enterprises made $642,300 in sales revenue and had $401,250 cost of goods sold (at standard). RLs gross profit (actual) was $263,660. What
Last quarter, RL Enterprises made $642,300 in sales revenue and had $401,250 cost of goods sold (at standard). RLs gross profit (actual) was $263,660. What was RLs total variance? Was it favorable or unfavorable?
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