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Nascar Motors assembles and sells motor vehicles and The variable manufacturing costs per unit of uses standard costing. Actual data and variable costing Nascar Motors
Nascar Motors assembles and sells motor vehicles and The variable manufacturing costs per unit of uses standard costing. Actual data and variable costing Nascar Motors are as follows: and absorption costing income statements relating to April (Click the icon to view the variable and May 2017 are as follows: (Click the icon to view the data.) manufacturing costs per unit.) (Click the icon to view the variable costing income Read the requirements. statements.) (Click the icon to view the absorption costing income statements.) Requirement 1. Prepare income statements for Nascar Motors in April and May 2017 under throughput costing. Begin by completing the top portion of the statement, then the bottom portion. (Complete all answer boxes. Enter a "0" for any zero amounts.) Nascar Motors assembles and sells motor vehicles and The variable manufacturing costs per unit of uses standard costing. Actual data and variable costing and absorption costing income statements relating to April Nascar Motors are as follows: and May 2017 are as follows: (Click the icon to view the variable (Click the icon to view the data.) (Click the icon to view the variable costing income Read the requirements. statements.) (Click the icon to view the absorption costing income statements.) Begin by completing the top portion of the statement, then the bottom portion. (Complete all answer boxes. Enter a "0" for any zero amounts.) Data table Th price, efficiency, or spending variances. Any production-volume variance is written off to cost of goods sold in the month in which it occurs. variable costing income statements variable costing income statements absorption costing income statements absorption costing income statements Data table Requirements 1. Prepare income statements for Nascar Motors in April and May 2017 under throughput costing. 2. Contrast the results in requirement 1 with the absorption and variable costing income statements presented. 3. Give one motivation for Nascar Motors to adopt throughput costing
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