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Tropic Zone Corporation experienced the following variances: materials price $340U, materials quantity $1,630F, labor price...

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Tropic Zone Corporation experienced the following variances: materials price $340U, materials quantity $1,630F, labor price $770F, labor quantity $480F, and total overhead $1,150 U. Sales revenue was $88,400, and cost of goods sold (at standard) was $49,500. Determine the actual gross profit. Actual gross profit $

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