management's use. Has management done a good or poor job of controlling i Data Table $ 550,000 342,000 1,200 F 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 Efficiency Variance 6,000 F 4,000 U 2,000 F 3,200 U 00 U 2,500 U Fixed Overhead Cost Variance Fixed Overhead Volume Variance 8,100 F Print Done ang variances are ne May 2018 revenue and cost in Click the icon to view the revenue and cost information.) repare a standard cost income statement for management through gross profit. Report all standard cost varian marentheses to enter any contra expenses. Enter all other amounts as positive numbers.) martoru Uutritters, inc. Standard Cost Income Statement For the Month Ended May 31, 2018 Gross Profit Has management done a good or poor job of controlling costs? Explain. Overall, Hartford Outfitters management appears to have done a job at controlling costs. Total manufacturing Choose from any list or enter any number in the input fields and then continue to the next question. The May 2018 revenue and cost information for Hartford Outfitters, Inc. follows: Click the icon to view the revenue and cost information) Prepare a standard cost income statement for management through gross proft. Report all standard cost variances for management's ute. Has management done a good or poor job of controlling costs? Explain (Use a minus signor parentheses to enter any contra expenses. Enter wil other amounts as positive numbers.) US, G. Standard Cost Income Statement For the Month Ended May 31, 2018 Data Table $ 550.000 Sales Revenue (at standard) Cost of Goods Soldat andard Dweet Materiais Cost Variance Ovest Malers cancy Variance Direct Labor Cool Variance Direct Labor Eficiency Variance Variable Overhead Cost Variance Variatie Overhead ciency Variance Fred Overhead Cost Variance Fixed Overhead Volume Variance 342.000 1.200 F 6,000 F 4,000 U 2.000 F 3.200 1.200 U 2.500 U 8,100F Print Done Gross Pro Hasmanagement done a good or poor job of controlling costs? Explain Overall, Hartford Outfitters management appears to have done a Abat controlling costs. Total manufacturing variances are Choose from any list or enter any number in the input fields good sue to the next