The managers of Daytona Inc. currently employ a policy of marginal costing system but want to explore the benefits of absorption costing Below are data relevant to the year ended June 30, 2090 and 2021 2020 120.00 15.00 30:00 2021 120.00 15.00 Selling price per unit Labour cost per unit Direct material per unit Direct expense per unit Variable overheads per unit Pued overheads actual Varble sin per unit Actual production Actual sales arts BOG 7.00 1.500.000,00 30.00 BOO 7.00 1.800.000.00 300 05.000.00 101.000.00 200 TILDOO.00 90,000.00 On Jul 1, 2014, the cowy nad 190.000 units valued at a cost of $12.000.000. For both periods the entry butented and contend to be $1,200,000 wa butented production or 60.000 units Overhead weated one per units currently Required otporno will be confonde 2020 (10 m w prepare an escometterent usine vertitle as well as absorption contine for the year ended June 30, 2021 (10 mars 01 Pepetate recording the pris for both year is marka AR The managers of word nc. Currently emosy a policy of inat beral contine ontem, bit want to explore the benefits of tworpion contine below we data relevant to the year ended for 30, 2020 and 2021 2020 2021 Selling price per unit 120.00 120.00 15.00 15.00 30.00 30.00 BOO BO Labour cost per unit Direct material per unit Direct expense per unit Variable ord per unit Flued overheads Cactual Variable selling unit Actual production Baris) Actual unit 700 1.500.000.00 3100 7.00 1.800.000.00 200 5.000.00 101.000.00 700000 0.00000 On 1.2010, the company had 150.000 units vahwd at a cost of $12.000.000. For both period the only hudented for read to be $1.200.000 and badorted production of .000 units Odse bedona per unit is currently Required: 110 marks Pyrare an income tanti alle we articosting for the ended une, 2020 110 marka 00 Perpare an income statement in viata non costing for the year ended 10.2001 Prepare a statement of reconciliation the prahits for both year is marks)