QUESTION THREE [20] The following information relates to the only product produced by Leeds Manufacturers during March 2022: Opening inventory Nil Number of units manufactured 3 000 Number of units sold 2 700 Selling price per unit R300 Direct materials cost per unit R60 Direct labour cost per unit R50 Fixed manufacturing overhead costs R90 000 Variable manufacturing overheads cost per unit R20 Fixed selling costs R50 000 Fixed administrative costs R60 000 Variable selling costs per unit R25 Prepare the Income Statement of Leeds Manufacturers for March 2022 using each of the following methods from the information provided below: 3.1. Direct costing (10) 3.2. Absorption costing