Grand Prix Motors assembles and sells cars. Data relating to April follows: Selling price per unit $24,000 Unit data: Beginning Inventory 0 Production 500 Sales 350 Variable costs per unit: Direct Material $6,700 Direct Labor $1,500 Variable Manufacturing Overhead $1,800 Selling and Administrative Cost $3,000 Fixed costs: Manufacturing Overhead $2,000,000 Selling and Administrative $600,000 Prepare income statements for April under absorption costing and variable costing. (12 points) Create tables to organize your answer. Explain (be sure to use specific numbers) why the operating income amounts from the two methods differ. (2 points) uaetian 21