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Thumbs up to anyone who can answer this, many thanks! Multiple Choice Question 148 In Coronado Industries's income statement, they report gross profit of $43000

image text in transcribed Thumbs up to anyone who can answer this, many thanks!

Multiple Choice Question 148 In Coronado Industries's income statement, they report gross profit of $43000 at standard and the following variances: Materials price Materials quantity Labor price Labor quantity Overhead 420 F 600 F 420 U 1000 F 900 F Coronadowould report actual gross profit of $40500. $46340. $39660 $45500

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