FestTrack Motors assembles and sels motor vehicles and uses standard costing. Actual data relating to Apri and Mey 2020 ere as follows: Click the icon to view the data) The selling price per vehicle is $29.000. The budgeted level of production used to calculate the budgeted fixed manufacturing cost per rilis 500 units. There are no price, clicency, or speiding varices. Any production Volume variance is willen or lo cost of cutis soki in the month in which it occurs. Read the requirements. - Requirement 1. Pret April and May 2020 incent Sales Con Cast Track Malors unica variables.ing and (b) asteplior casing. (a) Prepare acril and May 2020 Income statements for Fast Track Motore under variable costing. Complete the top half of the Income statement for each monthtist, then complete the bottom portion. (Complete all Input fields. Enter e for any zero balance sccounte. April 2020 May 2020 Revius S 11,600.000 $ 15,225.000 2X Variable cost of goods sold: Data Table Beginning inventory S 0 Variable manufacturing costs 1,250.000 3,825,000 A D C Gost of goods available for sale 1 April May Deduct ending inventory 2 Unit Variable cost of goods sold 3 Beginning inventory a 100 Variable operating costs . Production 500 150 Contribution margin 5 Sales 525 6 Varian Cats: 7 Manufacturing cost per unit produced S 8.500 5 8,500 8 Operating (marketing cost per unit sold 2,800 2,800 9 Fixed costs: 10 Manufacturing exi S 2,000,000 $2,000,000 11 Operating (marketing, coste 700,000 700,000 400