hi i need help with this question asap please. please make sure answers are correct.
Champion Motors assembles and seils motor vehicles and uses standard costing. Actual data relating to April and May are provided. (Click to view the data:) The selling price per vehicle is $22,000. The budgeted level of production used to calculate the budgeted ficed manutacturing cost per unit is 600 units. There are no price, efficiency, of rale variances. Any production-volume variance is written off to COGS in the month in which at occurs. Required 1. Prepare April and May statements of comprehonsive income for Champion Motors under (a) variable cossing and (b) absorption costing 2. Prepare a numerical reconcilation and explanation of the difference between operating income for each month under variable costing and absorption costing. Requirement 1a. Prepare April and May statements of comprehensive income for Champion Motors under variable cosking Complete the top half of the statement of comprehensive income for each month first, and then complete the borlom portion. (Enter a "0" for any zoro balance accounts.) Champion Motors assembles and sells motor vehicles and uses standard costing. Actual data relating to April and May are provided. III (Click to view the data.) The selling price per vehicle is $22,000. The budgeted level of production used to calculate the budgeted fixed manufacturing cost per unit is 600 units. There are fh variances. Any production-volume variance is written off to COGS in the month in which it occurs. Required 1. Prepare April and Ma 2. Prepare a numerical Data orption costing. iable costing and absorption costing. Requirement 1a. Prepare Complete the top half of th Enter a "O" for any zero balance acc Champion Motors assembles and seils motor vehicles and uses standard costing. Actual data relating to April and May are provided. (Click to view the data:) The selling price per vehicle is $22,000. The budgeted level of production used to calculate the budgeted ficed manutacturing cost per unit is 600 units. There are no price, efficiency, of rale variances. Any production-volume variance is written off to COGS in the month in which at occurs. Required 1. Prepare April and May statements of comprehonsive income for Champion Motors under (a) variable cossing and (b) absorption costing 2. Prepare a numerical reconcilation and explanation of the difference between operating income for each month under variable costing and absorption costing. Requirement 1a. Prepare April and May statements of comprehensive income for Champion Motors under variable cosking Complete the top half of the statement of comprehensive income for each month first, and then complete the borlom portion. (Enter a "0" for any zoro balance accounts.) Champion Motors assembles and sells motor vehicles and uses standard costing. Actual data relating to April and May are provided. III (Click to view the data.) The selling price per vehicle is $22,000. The budgeted level of production used to calculate the budgeted fixed manufacturing cost per unit is 600 units. There are fh variances. Any production-volume variance is written off to COGS in the month in which it occurs. Required 1. Prepare April and Ma 2. Prepare a numerical Data orption costing. iable costing and absorption costing. Requirement 1a. Prepare Complete the top half of th Enter a "O" for any zero balance acc
