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Do It! Review 25-4 Tropic Zone Corporation experienced the following variances: materials price $270 U,...

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Do It! Review 25-4 Tropic Zone Corporation experienced the following variances: materials price $270 U, materials quantity $1,330 F, labor price $620 F, labor quantity $390 F, and overhead $940 U. Sales revenue was $71,800, and cost of goods sold (at standard) was $40,200 Determine the actual gross profit. Actual gross profit s

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