FastRide Inc. manufactures and sells 50-inch television sets and uses standard costing. Actual data and variable costing and absorption costing statements of comprehensive income relating to January, February, and March of 2018 are as follows. (Click to view the data.) (Click to view the variable costing statements of comprehensive income.) (Click to view the absorption costing statements of comprehensive income.) The variable manufacturing costs per unit of FastRide Corporation are as follows. (Click to view the variable manufacturing costs per unit.) Required 1. Prepare operating statements of comprehensive income for January, February, and March of 2018 under throughput costing. 2. Contrast the results in requirement 1 with the absorption and variable costing statements of comprehensive income presented. 3. Give one motivation to adopt throughput costing. Requirement 1. Prepare operating statements of comprehensive income for January, February, and March of 2018 under throughput costing. First complete the top portion of the statement and then the bottom portion of the statement. (Enter an amount in all input areas.) January 2018 $ 2,400,000 February 2018 $ 2,960,000 March 2018 $ 3,200,000 Revenue Variable direct materials costs Beginning inventory $ 105,000 35,000 Direct materials in goods manufactured 630,000 577,500 910,000 Cost of goods available for sale 630,000 682,500 945,000 Deduct ending inventory (105,000) (35,000) (245,000) Total variable direct materials costs 525,000 647,500 700,000 Throughput contribution 1,875,000 2,312,500 2,500,000 Other costs: Operating income