Please help me answer this question 3 and question 4 below:

Question 4 (20 Marks - 36 Minutes) Nov Sup. 2014 Opuwo Investment CC opened a new manufacturing facility. In the first month the following changes were observed in their inventory: Opening inventory nil Produced 16 000 units Sold 12 000 units Closing inventory 4 000 units Each unit is sold for N$35. The costs incurred are as follows: Materials N$15 per unit produced Labour N$7 per unit produced Indirect manufacturing costs (fixed) N$40 000 Selling cost (fixed) N$15 200 Administration costs (fixed) N$23 600 REQUIRED MARKS 4.1 Prepare a statement of comprehensive income using the marginal costing approach. 4.2. Prepare a statement of comprehensive income using the absorption costing 8 approach. 4.3 Reconcile the profit of the absorption costing and marginal costing method 2 4.4 Explain the difference in profit between the two approaches. 2Question 3 110 Marks - 18 Minutes! Regular Exam 2015 Organik CC manufactures three milk based drinks Strawberry, Vanilla and Chocolate that is sold to hotels and lodges. Milk the main raw material is initially processed in department P and is then split to undergo further processing as follows: (i) in department Q to produce Strawberry, (ii) in department R to produce Vanilla, (iii) in department S to produce Chocolate. Page 15 of 71 There is no loss in further processing of milk to produce these products. The cost data for July 2015 is as follows: Cost of milk introduced in department P N53 1 268 800 Other direct materials: N$ Department P 384 000 Department Q 96 000 Department R 64 000 Department S 36 000 Production overheads of N$ 464 000 are to be apportioned to the departments on other direct materials basis. During the month under reference, the company sold all three products as under: m Output sold (Litres) 44 000 40 000 20 000 There is no opening or closing inventory. REQUIRED: MARKS Prepare a statement showing the apportionment of joint costs to joint products using physical units Calculate the profit earned by each product _ 3.1 TOTAL MARKS m