Activity The company spend OMR 2 per unit for direct material and OMR 1.5 per unit for direct labor. The total manufacturing overheads incurred in the production process is OMR 15,000 out of which 40% is fixed and 60 % is variable. Variable selling overheads is OMR 0.125 per unit and fixed selling overheads is OMR 5,500. Variable administration overheads are OMR 4000. Fill the table below with you own imaginative values: Production ? Sales ? Closing stock ? Opening stock NII Required: 1. Income statement under Marginal Costing 2. Income statement under Absorption Costing 3. Calculate the difference in profit under both methods