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What is the Gross Profit at actual given the following data: Sold 1,000 units Selling Price $90 per unit Actual materials used in production 3,400

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What is the Gross Profit at actual given the following data: Sold 1,000 units Selling Price $90 per unit Actual materials used in production 3,400 units Factory overhead volume $300 Unfavorable Direct Materials price variance $2,250 Unfavorable Direct materials quantity variance $1,250 Favorable Direct labor rate variance $1,400 Favorable Direct labor time variance $3,400 Favorable Factory overhead controllable $200 Favorable Gross Profit at standard $20,500 Select one: a. $24,200 b, $24,300 c, $20,500 d. $16,800 O O

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