Question Two Popcorn limited furnishes the following details for the year ended 31" December, 2018 for preparing the income statement for the year: Sales 1,000 units @ N10 per unit Fixed manufacturing costs N2,200 Variable Manufacturing costs 1.100 units @ N6 per unit Inventory at close 100 units Fixed selling & admin expenses N500 Variable selling & admin expenses N400 Required: Prepare the income statement of the company using: a) Marginal costing b) Absorption costing