INFORMATION The following information was extracted from the accounting records of Alpha Enterprises for the month ended 31 March 2022:

Sales 3 200 units. Selling price per unit R100 . Finished products on 01 March 2022 400 units. Products manufactured during the month 3 600 units. Variable manufacturing costs per unit R26. Variable selling and administrative costs per unit sold R12. Fixed manufacturing costs R25 200. Fixed selling and administrative costs R12 400.

Additional information The variable manufacturing cost per unit and total manufacturing cost per unit of the finished goods on 01 March 2022 was R21.60 and R26.20 respectively.

Use the information given to prepare the Income Statement for March 2022 according to the absorption costing method.