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Grand Fender, which uses a standard cost system, manufactured 20,000 boat fenders during 2024 . The 2024 revenue and cost information for Grand follows: IIH3

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Grand Fender, which uses a standard cost system, manufactured 20,000 boat fenders during 2024 . The 2024 revenue and cost information for Grand follows: IIH3 (Click the ficon to vhew the revenue and cost information.) Assunve each fendar produced was sold for the standard price of 560 . and total selling and administrathe costs were $200,000. Prepare a standard cost income statement for 2024 for Grand Fender. (Use a minus sign ox parentiveses to enter any contra expenses. Ener all other amounts as positive numbers.) Assume each fender produced was gold for the standard price of $60, and total selling and administative costs were 5200,000 . Prepare a standard cost incsme statement for 2024 tor Giand Fender, (User a minus vign or parentheses to enter any contra expenteli. Erifor all other amounts as postive numbers.) Data table

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