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absorption costing income statements Speedy 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 2020 are as follows: (Click the icon to view the data.) (Click the icon to view the variable costing income statements.) (Click the icon to view the absorption costing income statements.) The variable manufacturing costs per unit of Speedy Motors are as follows: (Click the icon to view the variable manufacturing costs per unit.) Read the requirements. Requirement 1. Prepare income statements for Speedy Motors in April and May 2020 under throughput costing. Begin by completing the top portion of the statement, then the bottom portion. (Complete all input fields. Enter a "0" for any zero amounts.) variable costing income statements Data table Requirement 2. Cortrast the results in requirement 1 with the absorption and variable costing income statements presented. In Aoril, (10) hes the lowest operating income, wherees in Mary (11) has the highest operating income. (12) puts greater emphasis on sales as the source of operating income than does ether (13) Requiroment 3. Give one motivation for Fas:Ride Mobors to adopt throughput costing. (14) costing puts a penaly on production w thout a corresponding sale in the same period. Costs other than drect materials that are variable w th reepect to production are (15) in the period of incurrence, whereas under variable costing they would be (16) As a result, (17) - provides less incenfve to produce for inventory than either (18)