Cool Pide Motors assembles and sells motor vehicles and uses standard costing Actual data relating to April and May 2020 are as follows. (Click the icon to view the data) The selling ptice per vehicle is $23,000. The budgoled levol of production used to calculate the budgeted fixed manulacturing cost per unit is 500 units. There are no price, efficion of spending variances. Any production-volume variance is written of to cost of goods sold in the month in which it occurs. Read the requirnments. the bottom portion. (Complete all hiput fields. Enter a "0" for any zero balance accounts) Nascar Motors assembles and sells motor vehicles and uses standard costing. Actual data and variable costing and absorption costing income statements relating to April and The variable manufacturing costs per unit of Nascar Motors are as follows: May 2020 are as follows (Click the icon to view the data.) (Click the icon to view the varlable manufacturing costs per unit) (Click the icon to view the vatiable costing income statements.) (Click the icon to vierw the absorption costing income statements.) Reguirement 1. Prepare income statements for Nascar Motors in April and May 2020 under throughput costing Begin by corrpleting the top portion of the staternent, then the bottom portion. (Complolo all input Solds. Enter a "O' for any zaro amounte). Energy Glow Light (EGL), a producer of energy -eflicient Light bulbs, expects that demand will increase markedly over the next decade. Due to the high ficad costs invelved in the business. EGL has decided to Evaluate its financial performance using absorption costing income. The producton-volume variance is written off fo cost of goods sold. The variable. cost of production is $2.50 per bulb. Fixed manufacturing costs are $1,020.000 per year. Variable and fred selling and administrative expenses are 5035 per bulb sold and 5290.000, respectively Bectiuse its light bulos are currently popular with environmentaly conscious customers, EGL can selt the bulbs for $9 o0 anch. EGL. is deciding among varlous concepts of capacily for calculaling the cost of each unit produced its choices are as follows: (Cick the icon to viow the capacity information.) Read the Leguintemerts Requirement 1. Caiculate the invertoriable cost per unit using' each level of capacity to compute fowed manufacturing cost per unit Begn by dotormining the formula to catculate the inventoriable cost per unit (Abbreviasions used mig n marufacturing, admin, = adrinistration ) = Inventariable cost per unit Cool Pide Motors assembles and sells motor vehicles and uses standard costing Actual data relating to April and May 2020 are as follows. (Click the icon to view the data) The selling ptice per vehicle is $23,000. The budgoled levol of production used to calculate the budgeted fixed manulacturing cost per unit is 500 units. There are no price, efficion of spending variances. Any production-volume variance is written of to cost of goods sold in the month in which it occurs. Read the requirnments. the bottom portion. (Complete all hiput fields. Enter a "0" for any zero balance accounts) Nascar Motors assembles and sells motor vehicles and uses standard costing. Actual data and variable costing and absorption costing income statements relating to April and The variable manufacturing costs per unit of Nascar Motors are as follows: May 2020 are as follows (Click the icon to view the data.) (Click the icon to view the varlable manufacturing costs per unit) (Click the icon to view the vatiable costing income statements.) (Click the icon to vierw the absorption costing income statements.) Reguirement 1. Prepare income statements for Nascar Motors in April and May 2020 under throughput costing Begin by corrpleting the top portion of the staternent, then the bottom portion. (Complolo all input Solds. Enter a "O' for any zaro amounte). Energy Glow Light (EGL), a producer of energy -eflicient Light bulbs, expects that demand will increase markedly over the next decade. Due to the high ficad costs invelved in the business. EGL has decided to Evaluate its financial performance using absorption costing income. The producton-volume variance is written off fo cost of goods sold. The variable. cost of production is $2.50 per bulb. Fixed manufacturing costs are $1,020.000 per year. Variable and fred selling and administrative expenses are 5035 per bulb sold and 5290.000, respectively Bectiuse its light bulos are currently popular with environmentaly conscious customers, EGL can selt the bulbs for $9 o0 anch. EGL. is deciding among varlous concepts of capacily for calculaling the cost of each unit produced its choices are as follows: (Cick the icon to viow the capacity information.) Read the Leguintemerts Requirement 1. Caiculate the invertoriable cost per unit using' each level of capacity to compute fowed manufacturing cost per unit Begn by dotormining the formula to catculate the inventoriable cost per unit (Abbreviasions used mig n marufacturing, admin, = adrinistration ) = Inventariable cost per unit
