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Multiple Choice Question 149 In Swifty Corporation's income statement, they report actual gross profit of $47500 and the following variances: Materials price Materials quantity Labor

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Multiple Choice Question 149 In Swifty Corporation's income statement, they report actual gross profit of $47500 and the following variances: Materials price Materials quantity Labor price Labor quantity Overheac $420 F 600 F 420 U 1000 F 900 F Swiftywould report gross profit at standard of $48340 O $41660 $42500 $45000

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