ion list

Cool Car 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 $Cl$ Car Motors are as follows: $($Click the icon to view the variable manufacturing costs per unit.$)$

Read the requirements.

Requirement $1.$ Prepare income statements for Cool Car 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 ze

$\backslash$table$[[$Revenues$,$April $2020,$May $2020],[\sqrt[\phantom{2}]{3+1},10000000,,12500000],[$Direct material cost of goods sold,,,,$],[$Beginning inventory,$0,,-,],[$Direct materials,$3400000,,2890000,],[$Cost of goods available for sale,$3400000,,,],[$Deduct ending inventory,$,$Ner,,$],[$Total direct material cost of goods sold,,$-,,],[$Throughput margin,,,,$]]$

Data table

$\backslash$table$[[,$A$,,$B$,$C$],[1,,,$April,May$],[12,$Direct material cost per unit,$$,6,800,$$$,6,800$