Quality Fender, which uses a standard cost system, manufactured 20.000 boat fonders during 2024. The 2024 revenue and cont information for Quality for Click the icon to view the revenue and cost information) Assume each fonder produced was sold for the standard price of $35, and total seling and administrative costs were $200,000, Prepare a standard cost income statement for 2094 for Quality Fender (Use a minus signor parentheses to enter any contra expenses. Enter all other amounts as positive number Quality Fender Standard Cost Income Statement For the Year Ended December 31, 2024 - X Data table 5 Sales Revenue Cost of Goods Sold (at standard) Direct materials cost variance Direct materials officiency variance Direct labor cost variance Direct labor efficiency variance Variable overhead cost variance Variable overhead officiency variance Pued overhead coat variance Fixed overhead volume variance 700.000 194.100 7.250 F 5,150 U 490 U 5601 000 u 710 2.00 U 4.560 Gross Pront Print Dono Operating Income (LOS)