Bolte Manufacturing operations for 2017 are as follows: S Per unit: Sales price Direct material cost Direct wages Variable production overhead Per month: Fixed production overhead Fixed selling expenses Fixed administration expenses Sales Production Variable selling expenses is 10% of sales value. Normal capacity was 11 000 units per month. January Units 10 000 12 000 April marks) February Units Using the two methods: A. Compute the unit production cost n. Determine the value of the closing 50 18 4 14 000 99 000 3 12 000 10 000 26 000 (4 marks) inventory (7 marks) c. Prepare the Marginal Income Statement and the Absorption Income Statement for March and (22 D. Reconcile the net profits for March and April (3 marks) E Comment on the differences of the two systems with respect to: 1. Stock valuations (2 marks) 1. Period profits (2 marks)