The May 2018 revenue and cost information for Seattle 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 all standard cost variances for management's use. Has management done a good or poor job of controlling costs? Explain. (Use a minus sign or parentheses to enter any contra expenses. Enter all other amounts as positive numbers.) Seattle Outfitters, Inc. Standard Cost Income Statement For the Month Ended May 31, 2018 * Data Table - X Sales Revenue (at standard) Cost of Goods Sold (at standard) Direct Materials Cost Variance Direct Materials Efficiency Varlance Direct Labor Cost Variance Direct Labor Efficiency Variance Variable Overhead Cost Variance Variable Overhead Efficiency Variance Fixed Overhead Cost Variance Fixed Overhead Volume Variance S 590,000 349,000 1,100 F 6,200 F 4,800 u 2,400 F 3,000 U 1,500 U 1,400 u 8,800 F Print Done Gross Profit