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Speedy Motors assembles and sells motor vehicles and uses standard costing. Actual data relating to April and May 2020 are as follows: (Click the icon

image text in transcribed Speedy Motors assembles and sells motor vehicles and uses standard costing. Actual data relating to April and May 2020 are as follows: (Click the icon to view the data.) in which it occurs. Read the requirements. Data table (b) Prepare April and May 2020 income statements for Speedy Motors under absorption costing. Complete the top half of the income statement for unfavorable (U). If an account does not have a variance, do not select a label.) variances as favorable (F) or Speedy Motors assembles and sells motor vehicles and uses standard costing. Actual data relating to April and May 2020 are as follows: (Click the icon to view the data.) in which it occurs. Read the requirements. Data table (b) Prepare April and May 2020 income statements for Speedy Motors under absorption costing. Complete the top half of the income statement for unfavorable (U). If an account does not have a variance, do not select a label.) variances as favorable (F) or

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