Prepare the Income Statement of Santini Manufacturers for March 2021 using each of the following methods from the information provided below: (20 Marks) 2.1 Variable costing (10 marks) 2.2 Absorption costing. (10 marks) INFORMATION The following information relates to the only product produced by Santini Manufacturers during March 2021: Opening inventory Nil Number of units manufactured 5 000 Number of units sold 4 500 Selling price per unit R450 Direct materials cost per unit R90 Direct labour cost per unit R75 Fixed manufacturing overhead costs R150 000 Variable manufacturing overheads cost per unit R35 Fixed selling costs R80 000 Variable manufacturing overheads cost per unit R35 Fixed selling costs R80 000 Fixed administrative costs R90 000 Variable selling costs per unit R40