Use the information given below to prepare the Income Statement for March 2022 according to the absorption costing method.

INFORMATION The following information was extracted from the accounting records of Alpha Enterprises for the month ended 31 March 2022:

Sales	3 200 units
Selling price per unit	R100
Finished products on 01 March 2022	400 units
Products manufactured during the month	3 600 units
Variable manufacturing costs per unit	R26
Variable selling and administrative costs per unit sold	R12
Fixed manufacturing costs	R25 200
Fixed selling and administrative costs	R12 400

Additional information The variable manufacturing cost per unit and total manufacturing cost per unit of the finished goods on 01 March 2022 was R21.60 and R26.20 respectively.