information.) standard price of $65, and total selling and administrative costs were $30 minus sign or parentheses to enter any contra expenses. Enter all other am i Data Table Sales Revenue Cost of Goods Sold (at standard) $ 1,300,000 198,500 7,850 F 5,250 U 450 U 590 F Direct materials cost variance Direct materials efficiency variance Direct labor cost variance Direct labor efficiency variance Variable overhead cost variance Variable overhead efficiency variance Fixed overhead cost variance Fixed overhead volume variance 950 U 380 F 2,830 U 4,160 U Print Done mumber in the input fields and then click Check Answer Clear All Save Score: 0 of 1 pt 16 of 16 (4 complete) HW Score: 23.07%, 3.69 of 16 pts E23-24 (similar to) Question Help Quality Fender, which uses a standard cost system, manufactured 20,000 boat fonders during 2016. The 2016 revenue and cost information for Quality follows: Click the icon to view the revenue and cost information) Assume each fender produced was sold for the standard price of $65, and total selling and administrative costs were $300,000. Prepare a standard cost income statement for 2016 for Quality Fender. (Use a minus sign or parentheses to enter any contra expenses. Enter all other amounts as positive numbers.) Quality Fender Standard Cost Income Statement For the Year Ended December 31, 2016 orrect: Gross Profit Choose from any list or enter any number in the input fields and then click Check Answer Check Answer Clear All All parts showing