Please help me solve the question 9

II. Reconcile the two income statements QUESTION 9 Yayrak Itd commenced trading on 1 April 2020 making the product Eben. The standard cost sheet for Eben is as follows: GHe Direct Materials 8.00 Direct Labour 5.00 Variable Production Overhead 2.00 Fixed Production Overhead 5.00 Total Standard Cost20.00 Sales price 35.00 The fixed production overhead figure has been calculated on the basis of a budgeted normal output of 24,000 units per annum. Fixed Sales and Administration costs are estimated at GHe24,000 per annum. You may assume that all budgeted fixed expenses are incurred evenly over the year. The sales price is GHe35.00 and the actual number of units produced and sold was as follows: April May Production - units 2,000 2,500 Sales - units 1,500 3,000 You are required to prepare a profit statement for each of the months April and May using: I. Marginal costing. II. Absorption costing. DATA LINK INSTITUTE OF BUSINESS & TECHNOLOGY- OF BUSINESS ADMINISTRATION-ACCOUNTING OPTION FACULTY