Use the following information to prepare a standard cost income statement for Goldman Company for 2016 (Use a minus sign or parentheses to enter any contra expenses. Enter all other amounts as positive numbers.) Click the icon to view the information) Goldman Company Standard Cost Income Statement For the Year Ended December 31, 2016 Gra Data table - Cost of Goods Sold at standard Sales Revenue at standard Direct Materials Cost Variance Direct Materials Efficiency Variance Direct Labor Cost Variance S 367,000 590,000 7,500 U 2,100 U 48,000 U 1.500 F Direct Labor Efficiency Variance Variable Overhead Efficiency Variance Fixed Overhead Volume Variance Selling and Administrative Expenses Variable Overhead Cost Variance $ 15,000 F 3,400 U 12,300 F 78,000 700 F Fixed Overhead Cost Variance