The May 2016 revenue and cost information for Albany Ourers, Inc. follows: (Click the loan to view the revenue and cool Wormation) Prepare a Mandard cost noome Matement for management through gross proft. Report of standard covariances for management's use. His management done a good or poor of controlling costs? Explain (Use a minor parentheses to enter any contra expenses. Enter all the amounts as positive numbers) Data Table Albany Outfitters, Inc. Standard Cost Income Statement For the Month Ended May 31, 2018 $ 500.000 340,000 Sales Revenue at standard) Cost of Goods Sold (w standard) Direct Material Cost Variance Direct Material Efficiency Variance Direct Labor Cost Variance Direct Labor Efficiency Variance Variable Overhead Cost Variance Variable Overhead Efficiency Variance Feed Overhead Cost Variance Fixed Overhead Volume Variance 6,100 F 4,100 2.300F 3.000 1.600 1.200 U 8.700 F Print Done any rumber in the input fields and then click Check