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Use the following information to prepare a standard cost income statement for Goldman Company for 2024. (Use a minus sign of parentheses to enter any

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Use the following information to prepare a standard cost income statement for Goldman Company for 2024. (Use a minus sign of parentheses to enter any contra expres Enterallther amounts as positive numbers.) (Click the icon to view the information) Goldman Company Standard Cost Income Statement For the Year Ended December 31, 2024 Cost of Goods Sold (at standard) Sales Revenue (at standard) Direct Materials Cost Variance Direct Materials Efficiency Variance Direct Labor Cost Variance Fixed Overhead Cost Variance $ 368,000 Direct Labor Efficiency Variance 550,000 Variable Overhead Efficiency Variance 7,800 U Fixed Overhead Volume Variance 2,600 U Selling and Administrative Expenses 44,000 U Variable Overhead Cost Variance 1,500 F $20,000 F 3,000 U 11.800 F 77,000 1,500 F Use the following information to prepare a standard cost income statement for Goldman Company for 2024. (Use a minus sign or amounts as positive numbers.) (Click the icon to view the information.) Use the following information to prepare a standard cost income statement for Goldman Company for 2024. (Use a minus sign amounts as positive numbers.) (Click the icon to view the information.) Gross Profit Use the following information to prepare a standard cost income statement for Goldman Company for 2024. (Use a minus sign or parenti amounts as positive numbers.) (Click the icon to view the information.) Gross Profit Operating Income

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