Cool Ride Motors assembles and sells motor vehicles and uses standard costing. Actual data relating to April and May 2017 are as follows: (Click the icon to view the data.) The selling price per vehicle is $30,000. The budgeted level of production used to calculate the budgeted fixed manufacturing cost per unit is 400 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. Read the requirements. Data table Unit data: Beginning inventory Production Sales Variable costs: - X var Requirements April May Co plete 0 150 May 1. Prepare April and May 2017 income statements for Cool Ride Motors under (a) variable costing and (b) absorption costing. 400 350 250 450 2. Prepare a numerical reconciliation and explanation of the difference between operating income for each month under variable costing and absorption costing Manufacturing cost per unit produced $ 10,500 $ 10,500 Operating (marketing) cost per unit sold 2,600 2,600 Fixed costs: Manufacturing costs $ 2,000,000 $ 2,000,000 Operating (marketing) costs 800,000 800,000 Print Done Print Done