PLEASE NEED ALL 2 REQUIREMENTS DONE! I WILL GIVE THUMBS UP! :)

Fast Ride Motors assembles and sells motor vehicles and uses standard costing. Actual data relating to April and May 2018 are provided (Click to view the data.) The selling price per vehicle is $24,000. The budgeted level of production used to calculate the budgeted fixed manufacturing cost per unit is 500 units. There are no price, efficiency, or rate variances. Any production-volume variance is written off to COGS in the month in which it occurs. Required 1. Prepare April and May 2018 statements of comprehensive income for Fast Ride 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 under variable costing and absorption costing. Requirement 1a. Prepare April and May 2018 statements of comprehensive income for Fast Ride Motors under variable costing. Complete the top half of the statement of comprehensive income for each month first, and then complete the bottom portion (Enter a "0" for any zero balance accounts.) April 2018 May 2018 Less: Data April May Unit data: 0 100 500 400 400 450 Beginning inventory Production Sales Variable costs: Manufacturing cost per unit produced Operating (marketing) cost per unit sold Fixed costs: Manufacturing costs Operating (marketing) costs $ 9,500 $ 2,800 9,500 2,800 $ 2,250,000 $2,250,000 625,000 625,000 Print Done Adjustment for production-volume variance = SC oi Allocated fixed manufacturing costs de in 5. " Fast Ric Beginning inventory provide B (cli Contribution margin The sell cost per Cost of goods available for sale in the m Require Ending inventory 1. Pre abs Fixed manufacturing costs 2. Pre vari Fixed operating costs for ob IS Gross margin Require Complet Operating income (Enter a Revenue ch . Variable cost of goods sold Variable manufacturing costs Variable operating costs Less