In Zero Company's Income Statement They Report Gross Profit of $55000

Multiple Choice

In Zero Company's income statement they report gross profit of $55000 at standard 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 actual gross profit of

A) $51660.
B) $52500.
C) $57500.
D) $58340.