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Tropic Zone Corporation experienced the following variances: materials price $360 U, materials quantity $1,730 F, labor price $820 F, labor quantity $510 F, and total
Tropic Zone Corporation experienced the following variances: materials price $360 U, materials quantity $1,730 F, labor price $820 F, labor quantity $510 F, and total overhead $1,220 U. Sales revenue was $93,900, and cost of goods sold (at standard) was $52,600. Determine the actual gross profit. Actual gross profit $
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