In Zero Company's Income Statement, They Report Actual Gross Profit

Multiple Choice

In Zero Company's income statement, they report actual gross profit of $52,500 and the following variances: $$\begin{array} { l r r } \text { Materials price } & \$ 420 & \mathrm {~F} \\\text { Materials quantity } & 600& \mathrm {~F} \\\text { Labor price } & 420 & \mathrm { U } \\\text { Labor quantity } & 1,000 & \mathrm {~F} \\\text { Overhead } & 900 & \mathrm {~F}\end{array}$$ Zero would report gross profit at standard of

A) $46,660.
B) $47,500.
C) $50,000.
D) $53,340.