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Oriole Zone Corporation experienced the following variances: materials price $290 U, materials quantity $1,390 F, labor price $660 F, labor quantity $410 F, and total
Oriole Zone Corporation experienced the following variances: materials price $290 U, materials quantity $1,390 F, labor price $660 F, labor quantity $410 F, and total overhead $980 U. Sales revenue was $75,500, and cost of goods sold (at standard) was $42,300. Determine the actual gross profit
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