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HELP ME WITH THESE QUESTIONS fSondra Sdn Eihd manufactures wooden stands used by orchid nurseries. In May 20202, the companjl.r manufactured 18,000 and sold 16,560

HELP ME WITH THESE QUESTIONS

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\fSondra Sdn Eihd manufactures wooden stands used by orchid nurseries. In May 20202, the companjl.r manufactured 18,000 and sold 16,560 stands. The cost per unit the 18,000 stands produced was as follows: Direct material Direct labour Variable overhead Fixed overhead 4 Additional information: 1. Total fixed cost incurred by the company in May 2020 was RM LL50 {includes the amount of fixed overheadl per unit produced. 2. The wooden stands were sold at FEM 36 per unit. 3. There were no beginning inventories work in process at the end of May 2020. Required: a. Prepare the income statement for the month of May 2020 using Absorption Costing { use word or excel please not paper.) b. Explain which accounting method, marginal or absorption, would have produced the higher net income for Ma}.r 2020 (shows all working solution]

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