Fast Track 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.) Any production-volume variance is written off to cost of goods sold in the month in which it occurs. Read the Data table Requirements 1. Prepare April and May 2020 income statements for FastTrack Motors under (a) variable costing and (b) absorption costing 2. Prepare a numerical reconciliation and explanation of the difference between operating income for each month under variable costing and absorption costing. Requirement 1. Prepare April and May 2020 income statements for FastTrack Motors under (a) variable costing and (b) absorption costing. fields. Enter a "0" for any zero balance accounts.) any zero balance accounts. Label any variances as favorable (F) or unfavorable (U). If an account does not have a variance, do not select a label.) Requirement 2. Prepare a numerical reconciliation and explanation of the difference between operating income for each month under variable costing and absorption costing. Var. = Variable, Mfg = Manufacturing. Complete all answer boxes. Enter a "0" for any zero balance accounts.)