ReadiClean Company manufacturers a professional-grade vacuum cleaner and began operations in 2017. For 2017, ReadiClean budgeted to produce and sell 22,000 units. The company had no price, spending, or efficiency variances and writes off production-volume variance to cost of goods sold. Actual data for 2017 are given as follows: 2 (Click the icon to view the actual data for 2017.) Read the requirements. i Data Table 17,000 15,500 420 $ Units produced Units sold Selling price Variable costs: Manufacturing cost per unit produced: Direct materials Direct manufacturing labor Manufacturing overhead Marketing cost per unit sold Fixed costs: Manufacturing costs Administrative costs Marketing costs $ 1,188,000 1,004,500 1,475,000 1. Prepare a 2017 income statement for ReadiClean Company using variable costing. 2. Prepare a 2017 income statement for ReadiClean Company using absorption costing 3. Explain the differences in operating incomes obtained in requirements 1 and 2 4. ReadiClean's management is considering implementing a bonus for the supervisors based on gross margin under absorption costing. What incentives will this bonus plan create for the supervisors? What modifications could ReadiClean management make to improve such a plan? Explain briefly