Question 2 (20 Marks) Data collected from the books of Amponsah company for the year ended 31/12/2020 are as follows: GHC Sales 20,000 Direct materials 5000 Direct labour 4000 Factory overheads 2500 Selling costs 3000 Distribution costs 1500 Administration costs 1500 Units sold 3000 units Units manufactured 2,500 units 40% of selling, distribution and administration costs are fixed and one third of the factory overhead can be assumed to vary directly with production. You are required to: (a) Prepare the profit and loss account for the year ended December 31, 2020 using the method of: (b) Absorption costing 8 Marks (c) Marginal costing 8 Marks (d) Explain the difference in the profit figure disclosed by the two methods in (a) (i) and (ii) above. 4 Marks