Cool Ride Motors assembles and sets motor vehides and uses standard costing Actual data relating to April and May 2017 are as fotos Chck the icon to view the data) he seling price per vehide is $29,000. The budgeted level of production used to calculate the budgeted feed manufacturing cost per unit is 500 unts. There are no price eliciency of spending van roduction-volume variance is written off to cost of goods sold in the month in which it occurs. Cead the tears equirement 1. Prepare April and May 2017 Income statements for Cool Ride Motors under (a) variable costing and (b) absorption costing e) Prepare April and May 2017 income statements for Cool Ride Motors unde variabile conting Complete the top half of the income statement for each month first, then complete the bottom portion oxes. Enter a o for any zero balance accounts April 2017 May 2017 Data Table X Requirements April May 1. Prepare Art and May 2017 income statements for Cool Ride Motors under (a) variable costing and (b) absorption costing 2. Prepare a numerical reconciliation and eplanation of the difference between operating income for each month under variable costing and absorption costing . 500 350 150 475 585 Print Done Unit data Beginning inventory Production Sales Variable costs Manufacturing cost per unit produced Operating (marketing cost per un sold Fixed costs: Manufacturing costs Operating marketing) costs $ 9.500 5 2.400 9.500 2400 $ 7.253.500 5 2.250.000 $ 2.250,000 500.000 500.000 costing Complete the top half of the income statement for each month test, then colete the bottom partic unt does not have a variance, do not select a tabel) May 2017 16965000 Print Dono Beginning invertory Variable manufacturing costs Allocated faced manufacturing costs Indesit e Dose from any list or enter any number in the input fields and then click Check