REQUIRED Use the information provided below to prepare the Income Statement of Revlon Enterprises for the year ended 31 December 2022 using the following methods: 2.1 Marginal costing 2.2 Absorption costing INFORMATION The following information relates to the only product produced by Revlon Enterprises during 2022: Opening inventory Number of units manufactured Number of units sold Selling price per unit Direct material cost per unit Direct labour cost per unit Variable manufacturing overheads cost per unit Variable selling and administrative cost per unit sold Fixed manufacturing overhead cost Fixed selling and administrative costs (11 marks) (9 marks) Nil 5 000 4 500 R200 R14 R23 R12 R3 R200 000 R400 000

REQUIRED Use the information provided below to prepare the Income Statement of Revion Enterprises for the year ended 31 December 2022 using the following methods: 2.1 Marginal costing (11 marks) 2.2 Absorption costing (9 marks) INFORMATION The following information relates to the only product produced by Revlon Enterprises during 2022