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Sales Revenue (at standard) Cost of Goods Sold (at standard) $ 600,000 340,000 1,100 F 6,400 F 4,300 U 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 2,200 F 3,000 U 1,400 U 1.400 U 8,500 F Print Done TCTTOOS OTTOTITOITOTUOTTOTITOVO Get More Help - The May 2024 revenue and cost information for Austin 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 managements 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) $ 340,000 S Cost of Goods Sold at standard Manufacturing Cost Vanances Direct Materials Cont Variance Direct Materials Eiciency Variance Direct Labor Cost Varance Direct Labor Efficiency Variance Variable Overhead Cost Variance Vanable Overhead Eiency Variance Feed Overhead Cost Vananon (1.100) (6,400) 4.300 (2.200) 3,000 1.400 1,400 8,500 Fixed Overhead Volume Vilance Total Marutaduring Cont Vouces Cont of Goods Sold at adual Gross Profit Choose from any list or enter any number in the input fields and then click Check Answer Help Me Solve This Text Pages Get More Help Clear All Check Answer OK

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