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o cent Noved FastTrack Motors assembles and sells motor vehicles and uses standard costing Actual data relating to April and May 2017 are as follows
o cent Noved FastTrack Motors assembles and sells motor vehicles and uses standard costing Actual data relating to April and May 2017 are as follows (click the icon to vin the data) The selling price per vehicle is $21,000 The budgeted level of production used to calculate the budgeted fixed manufacturing cost per unit is 600 units. There are no price eficiency, or spending variances. Any production volume variance is written off to cost of goods sold in the month in which it occurs. - X Data Table under (o) variable costing and (b) absorption costing e costing Complete the top half of the income statement for each month first bbalance accounts April May May 2017 0 150 550 600 450 Requrements 675 announcement Unit data Beginning lewentory Production Sales Variable costs Manufacturing cost per unit produced Operating marketing) cont per unit cold Found costs Manufacturing costs Operating marketing costs 5 9,500 $ 3.600 9.500 3,600 Past Due Assig 1. Prepare Aurland May 2017 income statements for FastTrack Motors under (a) variable costing and (b) absorption costing 2. Prepare a numerical reconciliation and explanation of the difference between operating income for each month ondur variable costing and absorption conting Current Assign 5 2.250.000 $ 2250,000 625.000 625.000 TODAY int Done Print Done Completed Ass This course 1233 bedon HorgenCow Pecoring Mannen SAMSUNG
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