The following information relates to the only product produced by Dew Manufacturers during August 2022: Opening inventory Nil Number of units manufactured 5 000 Number of units sold 4 500 Selling price per unit R300 Direct materials cost per unit R60 Direct labour cost per unit R40 Fixed manufacturing overheads cost R90 000 Variable manufacturing overheads per unit R30 Fixed selling cost R50 000 Fixed administrative cost R60 000 Sales commission R30 per unit.

Prepare the Income Statement of Clermont Manufacturers for August 2022 using the marginal costing method