Data Table 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 Va $ 550,000 344,000 900 F 6,700 F 4,300 U 2,100 F 2,900 L 900 U 2,400 U 8,400 F riable Overhead Cost Variance Variable Overhead Efficiency Variance Fixed Overhead Cost Variance Fixed Overhead Volume Variance Print Done good or poor job of c Ch to the next q The May 2018 revenue and cost information for Chicago Outfitters, 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 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 numbers) ents use. Has ma Gross Profit Choose from any list or enter any number in the inout ields and then continu to th