Last quarter, RP Enterprises earned $220,000 in sales revenue and had $90,000 cost of goods sold (at standard). RP also experienced these variances: Materials price: $2,400 favorable Materials quantity: $1,400 unfavorable Labor price: $2,000 unfavorable Labor quantity: $1,000 favorable Overhead: $1,500 favorable What was RP's actual gross profit? O $131,500 O $130,800 O $124,000 $128,500

Last quarter, RP Enterprises earned $220,000 in sales revenue and had $90,000 cost of goods sold (at standard). What was RP's actual gross profit? $131,508$130,800$124,000$128,500