2 The following information has been extracted from Windhoek Manufacturers, a company that produces and sells cosmetics for the year ended 31 July 2022. Actual Static budget Static budget 20 Units sold 40 000 30 000 000 N$ N$ N$ 2 360 Revenue 000 1.800 000 1200 000 Cost of sales (1 732 000) (1 290 000) (960 000) 760 600 470 Materials 000 000 000 632 450 300 Labour Factory overhead Gross profit 000 000 000 340 240 190 000 000 000 240 628 000 510 000 000 Period costs (348 800) (320 000) (290 000) 90 Selling and distributions 128 800 120 000 000 200 220 000 200 000 000 Administrative expenses Operating income 279 200 190 000 (50 000) REQUIRED: Page 12 of 16 Marks 1.1 Prepare a flexible budgeted statement for comprehensive incomes for 40 000 units using the above information from a static budget for 30 000 units showing clearly columns disclosing information for actual, flexed and variance. Total marks Sub- Total total 25 25 25 25 55