Bramble Corporation accumulates the following data relative to jobs started and finished during the month of June 2022. Overhead is applied on the basis of standard machine hours. Three hours of machine time are required for each direct labor hour. The jobs were sold for $456,000. Selling and administrative expenses were $36,500. Assume that the amount of raw materials purchased equaled the amount used. (a) Your answer is correct. Compute all of the variances for (1) direct materials and (2) direct labor. (Round per unit values to 2 decimal places, e.g. 52.75 and final answers to 0 decimal places, e.g. 52.) List of Accounts Attempts: unlimited (c) Your answer is partially correct. Prepare an income statement for management. (Ignore income taxes.) (Round per unit values to 2 decimal places, e.g. 52.75 and final answers to 0 decimal places, e.g. 52.) BRAMBLE CORPORATION Income Statement For the Month Ended June 30, 2022V Sales Revenue Cost of Goods Sold Gross Profit (at Standard) V Variances Materials Price Variance $ Unfavorable Materials Quantity Variance Labor Price Variance Labor Quantity Variance Overhead Variance Total Variance Gross Profit (Actual) Selling and Administrative Expenses Net Income / (Loss) eTextbook and Media Assistance Used List of Accounts Save for Later Attempts: unlimited Submit Answer List of Accounts Attempts: unlimited (c) Your answer is partially correct. Prepare an income statement for management. (Ignore income taxes.) (Round per unit values to 2 decimal places, e.g. 52.75 and final answers to 0 decimal places, e.g. 52.) BRAMBLE CORPORATION Income Statement For the Month Ended June 30, 2022 V $ Unfavorable eTextbook and Media \begin{tabular}{|l||} \hline \hline 1200 \\ \hline \hline \end{tabular} List of Accounts Save for Later Attempts: unlimited Submit