The May 2024 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.) Data table Seattle Outfitters, Inc. Standard Cost Income Statement For the Month Ended May 31, 2024