Khabib is in the midst of expanding his company. Currently, he is producing two products: Product X and Y. Next year, he expects to increase the sales unit and the price as shown in Table 1. Attached Table 2 are the statement details for the current year. The current average tax rate is at 20%. Interest expense is to remain fixed even if sales increase.

Required :

Please help Khabib to produce proforma income statement based on fixed- variable approach (9 marks)

Jadual / Table - 1 Ramalan Jualan / Sales Forecast (2019) Jualan Unit / Sales Unit RM seunit / per model Model X 4,500 Model X 60 Model Y 3,500 Model Y 45 Jadual / Table - 2 Penyataan Jualan Sekarang / Current Sales statements (2018) (RM) Pendapatan Jualan / Sales Revenue Produk / Product Y (4,000 units @RM50) Produk / Product X (3,000 units @RM40) 3200W Kos Barangan Jualan / Cost of Goods Sold Kos Tetap / Fixed Cost 120,000 Kos Berubah / Variable Cost 100,000 Perbelanjaan Operasi / Operating Expenses Kos Tetap / Fixed Cost 12,000 Kos berubah / Variable Cost 18,000 Perbelanjaan Faedah / Interest Expense 4,200