Accelerate Motors ambies and sells motor vehicles and uses standard costing Actual data relating to April...

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Accelerate Motors ambies and sells motor vehicles and uses standard costing Actual data relating to April and May are provided Co view the data) The selling price per vehicle is $25,000. The budgeted level of production used to calculate the budgeted feed manufacturing cost per unit is 500 units. There are no price, efficiency, or rate variances. Any production une variance is to COGS in the month in which it occurs Required 1. Prepars April and May statements of comprehensive income for Accelerate Motors under (a) variatin coating and (b) abiting 2. Prepare a numerical reconciliation and explanation of the difference between opening income for each month under variable coating and absorption costing Requirement te. Prepare Apri and May statements of comprehensive income for Accelerate Motors under variable costing Compute the top half of the statement of comprehensive income for each month fest, and then complete the bottom portion Enter a " for any ze haance au Beginning inventory Operating costs Cost of goods avaliable for sale Ending inventory Less April May Clear all Check answer Accelerate Motors ambies and sells motor vehicles and uses standard costing Actual data relating to April and May are provided Co view the data) The selling price per vehicle is $25,000. The budgeted level of production used to calculate the budgeted feed manufacturing cost per unit is 500 units. There are no price, efficiency, or rate variances. Any production une variance is to COGS in the month in which it occurs Required 1. Prepars April and May statements of comprehensive income for Accelerate Motors under (a) variatin coating and (b) abiting 2. Prepare a numerical reconciliation and explanation of the difference between opening income for each month under variable coating and absorption costing Requirement te. Prepare Apri and May statements of comprehensive income for Accelerate Motors under variable costing Compute the top half of the statement of comprehensive income for each month fest, and then complete the bottom portion Enter a " for any ze haance au Beginning inventory Operating costs Cost of goods avaliable for sale Ending inventory Less April May Clear all Check answer