Use the information provided below to prepare the following statements for the year ended 28 February 2022: 4.1 Cost statement 4.2 Income Statement INFORMATION (16 marks) (4 marks) The following information was supplied by Jupiter Ltd for Product A (which it manufactures) for the year ended 28 February 2022: Materials: Opening inventory (100 000 kg) R500 000 Purchases during the year (900 000 kg) R5.50 per kg Closing inventory: Quantity 120 000 kg Direct labour: Hours worked during the year 400 000 hours Rate per hour Manufacturing overheads Work in progress: R25 Applied on direct labour hours at a rate of R15 per hour Opening inventory R500 000 Closing inventory R400 000 Finished goods: Opening inventory 20 000 units Manufactured 100 000 units Sales Selling price per unit 90 000 units R400