YOUR Factory which has only one product, has provided the following data concerning its operation in June 2020: Units sold during the month was 3,000 units at a selling price of RM104. There was no beginning inventory but ending inventory was 300 units. Th company produced 3,300 during the month of June 2020. Its variable manufacturing cost was RM68 per units and its variable selling expense was RM10 per unit. Total fixed cost of the factory was RM 61,500 of which RM16,500 was fixed manufacturing overhead and RM45,000 was fixed selling expense. Fixed manufacturing overhead 250,000 Required: (a) Compute the net income under absorption costing. Show all workings (4 marks) (b) Compute the net income under variable costing. Show all workings (4 marks) Reconcile the net income of absorption costing and variable costing. Show all workings (C)