$2\mathrm{.}2$ REQUIRED Study the information given below and prepare the Income statement of Ceres Manufacturers for May $2025$ using the absorption costing method. $(10$ marks$)$ INFORMATION The following information relates to the only product produced by Ceres Manufacturers during May $2025$: $\backslash$begin$\{$tabular$\}\{|$l$|$l$|\}\backslash$hline Opening inventory & Nil $\backslash \backslash \backslash$hline Number of units manufactured & $5000\backslash \backslash \backslash$hline Number of units sold & $4500\backslash \backslash \backslash$hline & $\backslash \backslash \backslash$hline Selling price per unit & R$200\backslash \backslash \backslash$hline Variable manufacturing costs per unit & R$80\backslash \backslash \backslash$hline Fixed manufacturing overhead costs & R$60000\backslash \backslash \backslash$hline Fixed selling costs and administrative costs & R$50000\backslash \backslash \backslash$hline Variable administrative costs per unit sold & R$3\backslash \backslash \backslash$hline Sales commission as a percentage of sales & $5\backslash \%\backslash \backslash \backslash$hline $\backslash$end$\{$tabular$\}$