Accelerate Motors assembles and sels motor vehicles and uses standard costing Adual data and variable costing and absorption casting commenting to April and May 2017 are as follows Click the icon to view the data) Click the icon to view the variable costing income statements) Click the icon to view the absorption costing income statements) The variable manufacturing costs per unit of Accelerate Motors are as follows Click the icon to view the variable manufacturing costs per unit) Read the moments Variable costing income statements April 2017 May 2017 $ 15,985 000 $ 10,350,000 Requirements Requirement 1. Prepare income statements for Accelerate Motors in Roniland May 2017 under throughout costing Begin by completing the top portion of the statement, then the bottom portion (Complete alebo Enter for any 20 ans) Aprill 2017 May 2017 Revenues Revenues Variable costs Beginning inventory Variable manufacturing costs Cost of goods available for sale 1. Prepare income statements for Aceste Motores in April and May 2017 under throughput costing 2. Contest the results in with the absorption and conting income statements presented 2. ve one motivation for Actors to stop throughput conting S $ 0 7,200,000 7,200,000 (1,800,000) $ 1,800,000 6,900,000 8,700,000 (360,000) 8,340,000 1,946,000 Print Done 5,400,000 1,260,000 6,660.000 10 286,000 3,690,000 5,699,000 Data table Less: Ending inventory Variable cost of goods sold Variable operating costs Total variable costs Contribution margin Fixed costs: Fixed manufacturing costs Fixed operating costs Total fixed costs Operating income 2.250.000 500,000 2.250,000 500,000 2,750,000 2,750,000 April May $ 940,000 $ 2,949,000 Unit data: Beginning inventory Production 0 150 600 575 Absorption costing income statements Sales 450 695 April 2017 May 2017 $ 15,985,000 Variable costs: $ 10,350,000 $ 0 7,200,000 2,250,000 9,450,000 (2,362,500) $ 2,362,500 6,900,000 2,156,250 Manufacturing cost per unit produced $ 12,000 $ 12,000 Operating (marketing) cost per unit sold 2,800 2,800 Fixed costs: Manufacturing costs $ 2,250,000 $2,250,000 Operating (marketing) costs 500,000 500,000 The selling price per vehicle is $23,000. 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. Revenues Cost of goods sold Beginning inventory Variable manufacturing costs Allocated fixed manufacturing costs Cost of goods available for sale Less Ending inventory Adjustment for production-volume variance Cost of goods sold Gross margin Operating costs Variable operating costs Fixed operating costs Total operating costs 11,418,750 (472,500) 93,750 0 7,087,500 11,040,000 4,945,000 3,262,500 1,260,000 500,000 1,946,000 500,000 1,760,000 2,446,000 $ 1,502,500 $ 2,499,000 Operating income Direct material cost per unit Direct manufacturing labor cost per unit Manufacturing overhead cost per unit April May $ 6,600 $ 6,600 1,800 1,800 3,600 3,600 Accelerate Motors assembles and sels motor vehicles and uses standard costing Adual data and variable costing and absorption casting commenting to April and May 2017 are as follows Click the icon to view the data) Click the icon to view the variable costing income statements) Click the icon to view the absorption costing income statements) The variable manufacturing costs per unit of Accelerate Motors are as follows Click the icon to view the variable manufacturing costs per unit) Read the moments Variable costing income statements April 2017 May 2017 $ 15,985 000 $ 10,350,000 Requirements Requirement 1. Prepare income statements for Accelerate Motors in Roniland May 2017 under throughout costing Begin by completing the top portion of the statement, then the bottom portion (Complete alebo Enter for any 20 ans) Aprill 2017 May 2017 Revenues Revenues Variable costs Beginning inventory Variable manufacturing costs Cost of goods available for sale 1. Prepare income statements for Aceste Motores in April and May 2017 under throughput costing 2. Contest the results in with the absorption and conting income statements presented 2. ve one motivation for Actors to stop throughput conting S $ 0 7,200,000 7,200,000 (1,800,000) $ 1,800,000 6,900,000 8,700,000 (360,000) 8,340,000 1,946,000 Print Done 5,400,000 1,260,000 6,660.000 10 286,000 3,690,000 5,699,000 Data table Less: Ending inventory Variable cost of goods sold Variable operating costs Total variable costs Contribution margin Fixed costs: Fixed manufacturing costs Fixed operating costs Total fixed costs Operating income 2.250.000 500,000 2.250,000 500,000 2,750,000 2,750,000 April May $ 940,000 $ 2,949,000 Unit data: Beginning inventory Production 0 150 600 575 Absorption costing income statements Sales 450 695 April 2017 May 2017 $ 15,985,000 Variable costs: $ 10,350,000 $ 0 7,200,000 2,250,000 9,450,000 (2,362,500) $ 2,362,500 6,900,000 2,156,250 Manufacturing cost per unit produced $ 12,000 $ 12,000 Operating (marketing) cost per unit sold 2,800 2,800 Fixed costs: Manufacturing costs $ 2,250,000 $2,250,000 Operating (marketing) costs 500,000 500,000 The selling price per vehicle is $23,000. 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. Revenues Cost of goods sold Beginning inventory Variable manufacturing costs Allocated fixed manufacturing costs Cost of goods available for sale Less Ending inventory Adjustment for production-volume variance Cost of goods sold Gross margin Operating costs Variable operating costs Fixed operating costs Total operating costs 11,418,750 (472,500) 93,750 0 7,087,500 11,040,000 4,945,000 3,262,500 1,260,000 500,000 1,946,000 500,000 1,760,000 2,446,000 $ 1,502,500 $ 2,499,000 Operating income Direct material cost per unit Direct manufacturing labor cost per unit Manufacturing overhead cost per unit April May $ 6,600 $ 6,600 1,800 1,800 3,600 3,600