FastRide 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 price per vehicle is $26,000. The budgeted level of production used to calculate the budgeted fixed manufacturing cost per unit is 500 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. Revenues Variable cost of goods sold: Beginning inventory Variable manufacturing costs April 2020 May 2020 $ 11,700,000 $ 11,960,000 $ 0 4,250,000 Cost of goods available for sale 4,250,000 $ 425,000 3,825,000 4,250,000 Deduct ending inventory (425,000) (340,000) Variable cost of goods sold 3,825,000 3,910,000 Variable onerating costs 900,000 920,000