In Bramble Corp.'s income statement, they report a gross profit of $44,000 at standard and the following variances: Materials price $420 F Materials quantity 600 F Labor price 420 U Labor quantity 1,000 F Overhead 900 F Bramble would report an actual gross profit of: a. $40,660. b. $47,340. c. $41,500. d. $46,500.
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In Bramble Corp.'s income statement, they report a gross profit of $44,000 at standard and the following variances:
Materials price | $420 F |
Materials quantity | 600 F |
Labor price | 420 U |
Labor quantity | 1,000 F |
900 F |
Bramble would report an actual gross profit of:
a. $40,660.
b. $47,340.
c. $41,500.
d. $46,500.
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