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Use the following information to prepare a standard cost income statement for Brookman Company for 2018. (Use a minus sign or parentheses to enter any
Use the following information to prepare a standard cost income statement for Brookman Company for 2018. (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.) Data Table Brookman Company Standard Cost Income Statement For the Year Ended December 31, 2018 $ $20,000 F Cost of Goods Sold (at standard) Sales Revenue (at standard) 3,100 U 364,000 Direct Labor Efficiency Variance 580,000 Variable Overhead Efficiency Variance 7,300 U Fixed Overhead Volume Variance 2,900 U Selling and Administrative Expenses 43,000 U Variable Overhead Cost Variance Direct Materials Cost Variance Direct Materials Efficiency Variance Direct Labor Cost Variance 12,200 F 70,000 800 F Fixed Overhead Cost Variance 2,000 F Print Done Gross Profit Operating Income
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