FastRide Motors assembles and sells motor vehicles and uses standard costing. Actual data and variable costing and absorption costing income statements relating to April and May 2017 are as follows:

the variable manufacturing costs per unit of FastRide

Motors are as follows:

i Data Table 450 April May Unit data: Beginning inventory Production 500 Sales 620 Variable costs: Manufacturing cost per unit produced $ 11,000 $ 11,000 Operating (marketing) cost per unit sold 2,200 2,200 Fixed costs: Manufacturing costs $ 2,250,000 $ 2,250,000 Operating (marketing) costs 800,000 800,000 The selling price per vehicle is $23,000. The budgeted level of production used to calculate the budgeted fixed manufacturing cost per unit is 600 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. Print Done April 2017 $ 10,350,000 May 2017 $ 14,260,000 $ Revenues Variable costs: Beginning inventory Variable manufacturing costs Cost of goods available for sale Less: Ending inventory Variable cost of goods sold $ 1,650,000 5,500,000 6,600,000 6,600,000 (1,650,000) 7,150,000 (330,000) 4,950,000 990,000 6,820,000 1,364,000 Variable operating costs 5,940,000 8,184,000 4,410,000 6,076,000 Total variable costs Contribution margin Fixed costs: Fixed manufacturing costs 2,250,000 2,250,000 800,000 800,000 Fixed operating costs Total fixed costs 3,050,000 3,050,000 3,026,000 $ 1,360,000 $ Operating income April 2017 $ 10,350,000 May 2017 $ 14.260,000 $ 6,600,000 2,250,000 2,212,500 5,500,000 1,875,000 Revenues Cost of goods sold: Beginning inventory Variable manufacturing costs Allocated fixed manufacturing costs Cost of goods available for sale Less: Ending inventory Adjustment for production-volume variance Cost of goods sold Gross margin Operating costs: Variable operating costs 8,850,000 (2,212,500) 9,587,500 (442,500) 375,000 6,637,500 9,520,000 3,712,500 4,740,000 990,000 1,364,000 800.000 800,000 1,790,000 2,164,000 Fixed operating costs Total operating costs Operating income $ 1,922,500 $ 2,576,000 Data Table April May $ Direct material cost per unit Direct manufacturing labor cost per unit Manufacturing overhead cost per unit 6,400 $ 1,100 3,500 6,400 1,100 3,500 Print Done Requirement 1. Prepare income statements for FastRide Motors in April and May 2017 under throughput costing Begin by completing the top portion of the statement, then the bottom portion (Complete all answer boxes. Enter a "0" for any zero amounts. April 2017 May 2017 Revenues