Question 2 (18 marks) On February 1, 2017, there were 10,000 bottles of cane juice in inventory at Naturally Sweet. The budgeted fixed overhead for the period was $150,000 and the budgeted production units were 75,000 Below are data relevant to the year ended January 31, 2018 to manufacture and sell cane juice: Selling price per unit $100 Labour cost per unit $20 Direct material per unit $15 Direct expense per unit S5 Variable overheads per unit $15 Fixed overheads (actual) $190,000 Variable selling per unit SS Actual production 80,000 Actual sales 85,000 Required: a. Prepare an income statement using marginal costing. (5 marks) b. Prepare an income statement using absorption costing. c. Reconciling profits between marginal costing and absorption costing. [11 marks] [2 marks