Baker Company manufacturers a professional-grade vacuum cleaner and began operations in 2020. For 2020 , Baker budgeted to produce and sell 24,000 units. The company had no price, spending, or efficiency variances and writes off production-volume variance to cost of goods sold. Actual data for 2020 are given as follows: (Click the icon to view the actual data for 2020.) Read the requirements. Kequirement 2. rrepare a UU income statement tor baker Lompany using absorpuon cosung. Complete the top half of the income statement first, then complete the bottom portion. (For amounts with a $0 balance, make sure to enter " 0 " in the appropriate input field. Label any variances as favorable (F) or unfavorable (U).) en as follo Done