Crystal Ltd makes and sells two products, Omega and Sigma. The following information is available for period 3: Omega Sigma 7,500 Production (units) Sales (units) 6,000 5,500 5,800 Opening stock (units) Budgeted capacity (units) 1000 1500 4000 3000 Financial Data: Omega Sigma Unit selling price 800 850 Unit cost: Direct materials 300 150 Direct labour Variable production overheads 50 200 100 200 450 550 Fixed production overheads 60 10 Fixed administration overheads were $980,000 and Fixed selling overheads were $720,000. As the Cost Accoumtant you have been asked to do the following: a. Prepare an income statement based on marginal costing principles. (11 marks) b. Prepare an income statement based on absorption costing principles. (14 marks) c. Reconcile profit statements for both techniques. (3 marks) d. Management is planning on launching a marketing campaign to increase the sales of the product that is more profitable. Advise management on the product they should focus on increasing sales for. (2 marks)