QUESTION \#4 The management of Pepsi's Lunch Shop is contemplating the use of Marginal or Absorption costing system. They would like to see what is involved in the preparation of each. The data below is for the year ended April 30,2016 to prepare and sell an average meal: During the period the entity budgeted fixed overhead to be $36,000,000 and budgeted production of 1,500,000 meals. Overheads are absorbed on a per unit basis currently. Required: a. Prepare an income statement based on the Marginal Costing system. b. Prepare an income statement based on the Marginal Costing system. c. Reconciling profits between marginal costing and absorption costing