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23-24 (similar to De ware Fender which uses a standard cost system, manufactured 20.000 boat fenders during 2018. The 2018 revenue and cost information for
23-24 (similar to De ware Fender which uses a standard cost system, manufactured 20.000 boat fenders during 2018. The 2018 revenue and cost information for Deluxe follows: Cicon to the rovence and cost information) Ander produced was sold for the standard price of $60, and total selling and administrative costs were $150,000. Prepare a standard cost income statement for 2018 De Pedersea minus signor parentheses to enter any contra expenses. Enter all other amounts as positive numbers.) Deluxe Fender Data Table Standard Cost Income Statement For the Year Ended December 31, 2018 1200000 Sales Revenue $ 1.200.000 Cost of Goods Sold (at standard) Direct materials cost variance Direct materials efficiency variance Direct labor cost variance Direct labor efficiency variance 194,100 7.950 F 5,050 U 410 U D70E 940 0 Variable overhead cost variance Variable overhead efficiency variance Fixed overhead cost variance 750 F 2.830 Fixed overhead volume variance Print Dane 2
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