The May 2024 revenue and cost information for Atlanta 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.) Atlanta Outfitters, Inc. Standard Cost Income Statement For the Month Ended May 31, 2024 Gross Profit Has management done a good or poor job of controlling costs? Explain. Overall, Atlanta Outfitters management appears to have done a Data table 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 job at controlling costs. Total manufacturing variances are Print Done $ 600,000 349,000 1,100 F 6,000 F 4,400 U 2,500 F 3,700 U 1,600 U 2,200 U 8,700 F Atlanta Outfitters, Inc. Standard Cost Income Statement For the Month Ended May 31, 2024 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: Sales Revenue Selling and Administrative Expenses Total Manufacturing Cost Variances Variable Overhead Cost Variance Variable Overhead Efficiency Variance sts? Explain. one a job at controlling costs. Total manufacturing variances are Gross Profit Has management done a good or poor job of controlling costs? Explain. Overall, Atlanta Outfitters management appears to have done a job at controlling costs. Total manufacturing variances are favorable unfavorable Gross Profit Has management done a good or poor job of controlling costs? E Overall, Atlanta Outfitters management appears to have done a good poor job at controlling costs. Total manufacturing variances are