Majorie Sdn Bhd is the producer of industrial soap made from palm oil waste. The following is data that have been collected prior to the production in the beginning of 2021. Direct materials (Per unit product) Direct labour Raw Materials 1 Direct labour Cost Kg 4.00 Rm 2.00 DLH(Hours) Rate 10.00 2.50 Variable Overheads DLH Rate Variable overheads: (per direct labour 10.00 2.00 hour) a. Calculate the Standard Variable Cost Per Unit for each of the manufacturing cost. Standard Variable Cost Per Unit Raw Materials 1 Direct Labour Variable Overhead Total Standard Variable Cost Per Unit Standard Cost b. The company have budgeted the sales to be 2,000 units and sells the product at RM100 each. The fixed overhead cost is RM50,000. Prepare the income statement for the company by completing the Table below: Budget Operating Income Statement Unit Price Total Sales Raw Materials 1 2,000 8,000 kg 100.00 2.00 Direct Labour Variable Overhead 20,000 DLH 2.50 20,000 DLH 2.00 Total variable Cost Contribution Margin Fixed Overhead Cost Profit