Question Help The May 2018 revenue and cost information for lose Outfitters, Inc. follows: (Click the icon to view the revenue and cost information) Prepare a standard cost income statement for management through gross profit. Report al standard cost variances for managements use. Has management done a good or poor job of controlling costs Explain. (Uses minus sign or parentheses to enter any contra expenses. Enter at the amounts as positive numbers) Baise Outfitters, Inc. Standard Cost Income Statement For the Month Ended May 31, 2018 Data Table Sales Revenue (at standard) Cost of Goods Soldat 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 Fixed Overhead Coat Variance Fixed Overhead Volume Variance $500,000 349.000 1.200 F 5.6F 4,300 U 2.500 F 2.000 300 U 1,300 U 8.400F Print Done GoPro Hasmanagement done a good or pootjob of controlling costs? Explan Overal, Bose Outfits management appears to have done wjob at controlling Total manufacturing variances are