Accelerate Motors assembles and sells motor vehicles and uses standard costing. Actual data and variable costing and absorption costing income statements relating to April and May 2017 are as follows:

Prepare income statements for Accelerate Motors in April and May 2017under throughput costing.

April May Unit data: Beginning inventory 0 150 Production 600 575 Sales 450 675 Variable costs: 11,000 Manufacturing cost per unit produced 11,000 $ Operating (marketing) cost per unit sold 2,400 2,400 Fixed costs: $ 2,400,000 $ 2,400,000 Manufacturing costs Operating (marketing) costs 650,000 650,000 The selling price per vehicle is $26,000. The budgeted level of production used to calculate the budgeted fixed manufacturing cost per unit is 600 units. There are no price, efficiency, or spending variances. Any production-volume variance is written off to cost of goods sold in the month in which it occurs. April 2017 May 2017 $ 11,700,000 17,550,000 Revenues Variable costs: Beginning inventory 1,650,000 6,600,000 6,325,000 Variable manufacturing costs Cost of goods available for sale 6,600,000 7,975,000 (550,000) (1,650,000) Less: Ending inventory Variable cost of goods sold 4,950,000 7,425,000 1,080,000 1,620,000 Variable operating costs 6,030,000 9,045,000 Total variable costs Contribution margin 5,670,000 8,505,000 Fixed costs: 2,400,000 Fixed manufacturing costs 2,400,000 650,000 650,000 Fixed operating costs 3,050,000 3,050,000 Total fixed costs $ 2,620,000 $ 5,455,000 Operating income April 2017 May 2017 11,700,000 $17,550,000 Revenues Cost of goods sold: $ 2,250,000 Beginning inventory 0 Variable manufacturing costs 6,600,000 6,325,000 2,400,000 2,300,000 Allocated fixed manufacturing costs Cost of goods available for sale 9,000,000 10,875,000 Less: Ending inventory (2,250,000) (750,000) 100,000 U Adjustment for production-volume variance 10,225,000 6,750,000 Cost of goods sold Gross margin 4,950,000 7,325,000 Operating costs: Variable operating costs 1,080,000 1,620,000 650,000 650,000 Fixed operating costs 1,730,000 2,270,000 Total operating costs $ 5,055,000 3,220,000 Operating income April May Direct material cost per unit 6,600 $ 6,600 1,000 Direct manufacturing labor cost per unit 1,000 Manufacturing overhead cost per unit 3,400 3,400 April May Unit data: Beginning inventory 0 150 Production 600 575 Sales 450 675 Variable costs: 11,000 Manufacturing cost per unit produced 11,000 $ Operating (marketing) cost per unit sold 2,400 2,400 Fixed costs: $ 2,400,000 $ 2,400,000 Manufacturing costs Operating (marketing) costs 650,000 650,000 The selling price per vehicle is $26,000. The budgeted level of production used to calculate the budgeted fixed manufacturing cost per unit is 600 units. There are no price, efficiency, or spending variances. Any production-volume variance is written off to cost of goods sold in the month in which it occurs. April 2017 May 2017 $ 11,700,000 17,550,000 Revenues Variable costs: Beginning inventory 1,650,000 6,600,000 6,325,000 Variable manufacturing costs Cost of goods available for sale 6,600,000 7,975,000 (550,000) (1,650,000) Less: Ending inventory Variable cost of goods sold 4,950,000 7,425,000 1,080,000 1,620,000 Variable operating costs 6,030,000 9,045,000 Total variable costs Contribution margin 5,670,000 8,505,000 Fixed costs: 2,400,000 Fixed manufacturing costs 2,400,000 650,000 650,000 Fixed operating costs 3,050,000 3,050,000 Total fixed costs $ 2,620,000 $ 5,455,000 Operating income April 2017 May 2017 11,700,000 $17,550,000 Revenues Cost of goods sold: $ 2,250,000 Beginning inventory 0 Variable manufacturing costs 6,600,000 6,325,000 2,400,000 2,300,000 Allocated fixed manufacturing costs Cost of goods available for sale 9,000,000 10,875,000 Less: Ending inventory (2,250,000) (750,000) 100,000 U Adjustment for production-volume variance 10,225,000 6,750,000 Cost of goods sold Gross margin 4,950,000 7,325,000 Operating costs: Variable operating costs 1,080,000 1,620,000 650,000 650,000 Fixed operating costs 1,730,000 2,270,000 Total operating costs $ 5,055,000 3,220,000 Operating income April May Direct material cost per unit 6,600 $ 6,600 1,000 Direct manufacturing labor cost per unit 1,000 Manufacturing overhead cost per unit 3,400 3,400