FastTrack Motors assembles and sells motor vehicles and uses standard costing. Actual data relating to April and May 2017 are as follows: (Click the icon to view the data.) The selling price per vehicle is $30,000. 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. Read the requirements. Requirement 1. Prepare April and May 2017 income statements for FastTrack Motors under (a) variable costing and (b) absorption costing. (a) Prepare April and May 2017 income statements for FastTrack Motors under variable costing. Complete the top half of the income statement for each month first, then complete the bottom portion. (Complete all answer boxes. Enter a "0" for any zero balance accounts.) April 2017 Help Me Solve This eText Pages Get More Help May 2017 0 Data Table Unit data: Beginning inventory Production Sales Variable costs: April May 0 100 600 550 500 630 Manufacturing cost per unit produced $ Operating (marketing) cost per unit sold 12,000 $ 2,200 12,000 2,200 Fixed costs: Manufacturing costs $ 2,400,000 $ 2,400,000 Operating (marketing) costs 550,000 550,000 swer