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The May 2024 revenue and cosinformation for Hartford Outfitters, Inc. follows: (Click the icon to view the revenue and cost intormation.) Prepare a standard cost
The May 2024 revenue and cosinformation for Hartford Outfitters, Inc. follows: (Click the icon to view the revenue and cost intormation.) Prepare a standard cost income statement for management through gross profit. Report all standard cost variances for management's uss. Has management done a good or poor job of controlling costs? Explain. (Use a rinus sigri or parentheses to enter any contra expenses. Enter all other amounts as positive numbers. Hartford Outfitters, Inc. Standard Cost Income Statement For the Month Ended May 31, 2024 Help me solve this Etext pages Get more help. Clear all Check answer II HO 5 2 a ENG 9:45 AM 23 4/3/2022 The May 2024 revenue and cost information for Hartford Oulfillers, Inc. follows: (Click the icon lo view the revenue and cost informalior.) 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 en any contra expenses. Enter all other amounts as positive numbers) Standard Cost Income Statement For the Month Ended May 31, 2024 Cost of Goods Sold at actual Cost of Goods Sold at standard Direct Labor Cost Variance Direct Labor Efficiency Variance Direct Materials Cost Variance Direct Materials Efficiency Variance Fixed Overhead Cost Variance Fixed Overhead Volume Variance Manufacturing Cost Variances: more help Clear all Check ans Sales Revenue ENG 4.3 The May 2024 revenue and cost information for Hartford Outfiters 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 ocst variances for management's use. Has management done a good or poor job of controlling costa? Explain. (Use a minus sign or parentheses to enter any contra expenses. Enter all other amounts as positive numbers.) - X Data table Standard Cost Income Statement For the Month Ended May 31, 2024 $ 600,000 Sales Revenue (at standard) Cost of Goods Sold (at 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 Cost Variance Fixed Overhead Volume Variance 341,000 1,100 6,200 F 4.000 U 1,900 F 3,400 U 800 U 1.200 U 8.600 F Print Done Gross Profit Help me solve this Etext pages Get more help Clear all Check answer I LO ENG dx D 9:45 AM 1/3/2022
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