\begin{tabular}{|c|c|c|c|c|c|c|} \hline & \multicolumn{3}{|c|}{ April 2020} & \multicolumn{3}{|c|}{ May 2020} \\ \hline Revenues & & $ & 9,450,000 & & $ & 8,775,000 \\ \hline \multicolumn{7}{|l|}{ Cost of goods sold: } \\ \hline Beginning inventory & $ & & & 700,000 & & \\ \hline Variable manufacturing costs & 3,400,000 & & & 2,762,500 & & \\ \hline Allocated fixed manufacturing costs & 2,200,000 & & & 1,787,500 & & \\ \hline Cost of goods available for sale & 5,600,000 & & & 5,250,000 & & \\ \hline Less: Ending inventory & (700,000) & & & (700,000) & & \\ \hline Adjustment for production-volume variance & 0 & & & 412,500U & & \\ \hline Cost of goods sold & & & 4,900,000 & & & 4,962,500 \\ \hline Gross margin & & & 4,550,000 & & & 3,812,500 \\ \hline \multicolumn{7}{|l|}{ Operating costs: } \\ \hline Variable operating costs & 980,000 & & & 910,000 & & \\ \hline Fixed operating costs & 675,000 & & & 675,000 & & \\ \hline Total operating costs & & & 1,655,000 & & & 1,585,000 \\ \hline Operatina income & & $ & 2,895,000 & & $ & 2,227,500 \\ \hline \end{tabular} ting the top portion of the statement, then the bottom portion. (Complete all input fields. Enter Data table rio price, einciency, or spenaing vanances. Any producuon-voiume varnance is written off to cost of goods sold in the month in which it occurs. \begin{tabular}{|c|c|c|c|c|c|} \hline \multirow{2}{*}{ Revenues } & \multicolumn{2}{|r|}{111