Culver Industries uses a standard cost accounting system. During March, 2022, the compiny reported the following manufacturing variancesi- In addition, 16,900 units of product were sold at $18 per unit, Each unit sold had a standard cost of $14. Selling and administrative expenses for the month were $16,900 Prepare an income statement for management for the month ending March 31, 2022 (Enter fovorable varionce using either a njuthe sign preceding the number eg. -45 or parentheses eg. (45).) CULVERINDUSTRIES Income Statement Cont el Goods Sold Gross Profit jat standardi Varisces Muteritaprice. 5 Materials Quantity Labor Price Lbor Quantify Oierhead Controllbble Oveterad Valame fotrivinisces Grow grobit (iclual? Sellire ind Adwinvstrative Euperies Nethcome/(Lon) 5