QUESTION $1[20$ MARKS$]$Gaborone Sports $($Pty$)$ Ltd commenced operations on January $1,2024.$ During the first sixmonths, they produced $2,100$ pairs of shoes, each priced at P$400.$ As of June $30,$ there were $100$unsold pairs. The cost breakdown per pair of shoes produced is as followsDirect mater materials P$100$ per pairDirect labour P$50$Variable factor overhead P$30$Other costs include:Sales commission $10\%$ per pair soldDelivery costs was P$10$ per pair soldThe company had the following fixed costs:Factory overheads P$121,800$Marketing & Administration P$30,000$RequiredPrepare the Gaborone Sports Income Statement for half year ending $30$ June $2024$ using thefollowing approaches:a$)$ Marginal costing $(10$ marks$)$b$)$ Absorption costing $(10$ marks$)$