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Bonita Windows manufactures a hand-painted bamboo window shade for standard-size windows. Production and sales data for 2002 are as follows: Variable manufacturing costs $ 41

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Bonita Windows manufactures a hand-painted bamboo window shade for standard-size windows. Production and sales data for 2002 are as follows: Variable manufacturing costs $ 41 per shade Fixed manufacturing costs $ 114,400 Variable selling and administrative expenses $9 per shade Fixed selling and administrative expenses $ 250,600 Selling price $93 per shade Units produced 10,400 shades Units sold 8.450 shades (a) Your answer is partially correct. Prepare an income statement using absorption costing. (Enter loss using either a negative sign preceding the number 23.-2.945 or parentheses eg. (2.945).)

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