Please help me with an explanation on how you got your answers.

Champion 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 view the data.) The selling price per vehicle is $21.000. The budgeted level of production used to calculate the budgeted foxed 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 cocurs. Read the requirements Requirement 1. Prepare April and May 2017 income statements for Champion Motors unider (a) variable casting and (b) absorption costing. (a) Prepare April and May 2017 income statements for Champion Motors under variable costing. Complete the top half of the income statement for each month first, then complele the bottom portion. (Complete all answer boxes. Enter a "O" for any zero balance accounts.) April 2017 May 2017 - X Data Table April May 150 0 500 400 350 520 Unit dala: Beginning inventory Production Sales Variable costs Manufacturing cost per unit produced Operating (markeling) cost per unit sold Fixed costs: Manufacturing costs Operating (marketing) costs S 8,500 $ 2,200 8,500 2,200 - X Requirements S 2.200,000 $ 2,200,000 560,000 550,000 1. Prepare April and May 2017 income statements for Champion Motors under (a) variable costing and b) absorption coating. 2. Prepare a numerical reconciliation and explanation of the difference between operating income for each month under variable costing and absorption cosling. Print Done Choose from any list or enter &