iequirement 1. Prepare income statemerts for Cool Car Motors in Apri and Myy 2020 under...

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Accounting

iequirement 1. Prepare income statemerts for Cool Car Motors in Apri and Myy 2020 under troughput costing
Data table
The selling price per vehicle is $25,000. The budgeted level of production used to
calculate the budgeted fixed manufacturing cost per unit is 500 units. There are
no price, efficiency, or spending variances. Any production-volume variance is
written off to cost of goods sold in the month in which it occurs.
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