please answer 1&2

Apps Toshiba College GSU PCOST/MANAGERI... ACCT 4101 Readin GSU EMAIL Big Cartel >> Design 1 of 3 2013 Save Homework: Chapter 9 r 9 Score: 0.62 of 3 pts Question 1: E9-21 (similar to) to) Question Help Settings Race Track Motors assembles and sels motor vehicles and uses standard costing. Actual data relating to April and May 2017 are as follows us to Superio Pole (Click the icon to view the data.) hupeted The selling price per vehicle is $27.000. The budgeted level of production used to calculate the budgeted fixed manufacturing cost per unit is 400 units. There are no price, efficiency, or spending variances. Any production-volume variance is written off to cost of goods sold in the month in which it occurs. Data Table De ek Motors under () variable costing and (b) absorption costing. Jer variable costing. Complete the top half of the income statement for each ter a "0" for any zero balance accounts.) April May 0 Requirements 400 350 50 300 320 Unit data: e Beginning inventory Dr Production Sales Variable costs Manufacturing cost per unit produced Operating (marketing) cost per unit sold Fixed costs Manufacturing costs Operating (marketing) costs $ 9.500 5 2,800 9,500 2,800 1. Prepare April and May 2017 income statements for Race Track Motors uns (a) variable costing and (b) absorption costing 2. Prepare a numerical reconciliation and explanation of the difference betwe operating income for each month under variable costing and absorption costing 52,400,000 $ 2,400.000 725.000 725,000 CA Print Done Done