Martinez Industries uses a standard cost accounting system. During March, 2022, the company reported the following manufacturing variances: Materials price variance $2,500F Materials quantity variance 3,300U Labor price variance 1,500U Labor quantity variance 3,100U Overhead controllable 1,400F Overhead volume 3,900U In addition, 15,900 units of product were sold at $18 per unit. Each unit sold had a standard cost of $14. Selling and administrative expenses for the month were $15,900. Prepare an income statement for management for the month ending March 31, 2022. (Enter favorable variance using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) MARTINEZINDUSTRIES Income Statement MARTINEZINDUSTRIES Income Statement $ $