Data Table S 520,000 346,000 Sales Revenue (at standard) Cost of Goods Sold (at standard) Direct Materials Cost Variance Direct Materials Efficiency Variance Direct Labor Cost Variance Direct Labor Efficiency Variance Variable Overhead Cost Variance Variable Overhead Eficiency Variance Fixed Overhead Cost Variance Fixed Overhead Volume Variance 1,400 F 5,800 F 4,100 U 2,100 F 3,300 U 750 U 2,200 U 8,000 F Print Done in t Cancel The May 2018 revenue and cost information for Seattle Outitters, Inc. follows (Click the icon to view the revenue and cost information) Prepare a standard cost income statement for management through gross profit Report all standard cost variances for management's use. Has m good or poor job of controlling costs? Explain. (Use a minus sign or parentheses to enter any contra expenses. Enter all other amounts as positive Standard Cost Income Statement For the Month Ended May 31, 2018 Choose from any list or enter any number in the input fields and then continue to the next question Prepare a standard cost income statement for management through gross profit. Report all standard cost variance good or poor job of controlling costs? Explain. (Use a minus sign or parentheses to enter any contra expenses. En