Q2:-The following date for the Arab industrial company for the year 2019: Activities Budget F.O.H Cost Driver Cost Driver Volume Designing products $32000 Designing hours 64 hrs. Machines depreciation $30000 Machine hours 3000 hrs. Packaging $5000 No. of unit 10000 units Machines maintenance $18000 Machine hours 3000 hrs. That actual date for two products are available : Details Microwave (1) Microwave (2) Direct materials cost $100000 $150000 Direct labor cost 80000 100000 Marketing expenses 8000 7000 Administration expense 12000 8000 Selling price per unit 70 110 Machine hours 1200 1800 Units produce $ Sold 6000 4000 Designing hours 25 39 Required:- Prepare a detail income statement according to: a. The traditional method, the F.0.H is applied on the basis of 25% of the direct labor cost. b. Activity-based costing method