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    Financial Accounting Study Set 27
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    Exam 24: Standard Costs and Balanced Scorecard
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    In Zero Company's Income Statement, They Report Actual Gross Profit
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In Zero Company's Income Statement, They Report Actual Gross Profit

Question 22

Question 22

Multiple Choice

In Zero Company's income statement, they report actual gross profit of $52,500 and the following variances: In Zero Company's income statement, they report actual gross profit of $52,500 and the following variances:   Zero would report gross profit at standard of A)  $46,660. B)  $47,500. C)  $50,000. D)  $53,340. Zero would report gross profit at standard of


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

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