Only complete and clear answers please. Do not attempt if unsure.

Absorption and Variable Costing Comparisons Red Arrow Blueberries manufactures blueberry jam. Because of bad weather, its blueberry crop was small. The following data have been gathered for the summer quarter of 2017: Beginning inventory (cases) Cases produced Cases sold Sales price per case Direct materials per case Direct labor per case Variable manufacturing overhead per case Total fixed manufacturing overhead Variable selling and administrative cost per case Fixed selling and administrative cost Finish at 0 9,000 8,700 $ 60 $ 8 $ 9 $3 300,000 $2 $ 48,000 (a) Prepare a functional income statement for the quarter using absorption costing. (Round answers to the nearest dollar. Do not use negative signs with your answers, EXCEPT if you calculate a net loss.) RED ARROW BLUEBERRIES Functional (Absorption Costing) Income Statement For the Summer Quarter 2017 Sales Cost of goods sold: Variable costs Fixed costs Goods available