2.1 REQUIRED Use the information given below to prepare the Income Statement of Costa Enterprises for the year ended 31 December 2022 using the absorption costing method. (10 marks) INFORMATION Costa Enterprises commenced operations on 02 January 2022, and produces a single product that sells for R72 per unit. During 2022, 300000 units of the product were manufactured of which 240000 units were sold. There was no work-in-process inventory at the end of the year. Manufacturing costs and marketing and administrative costs for 2022 were as follows: 2.2 REQUIRED Use the information given below to calculate the net wage of P. Nkosi for the last working week of March 2023. (5 marks) INFORMATION P. Nkosi is employed by Morkel Enterprises. The normal working week is 45 hours. P. Nkosi worked for 49 hours during the last working week of March 2023. She is remunerated at R200 per hour during normal working hours. Overtime is calculated at 1.5 times the normal rate. The following were her deductions for the week: \begin{tabular}{|l|l|} \hline Medical aid fund & R800 \\ \hline Pension fund & 7.5% of normal wages \\ \hline Income tax & 20% of the taxable income \\ \hline \end{tabular} Morkel Enterprises contributes the same amount as the employees towards the medical aid fund and pension fund. 2.3 REQUIRED Consider the information given below and calculate the remuneration of Donald for the day. (5 marks) INFORMATION Donald, an employee of Disney Limited, is remunerated according to Taylor's differential piecework system. The following details apply: \begin{tabular}{|l|l|} \hline Standard time allowed & 150 units per hour \\ \hline Standard workday & 8 hours \\ \hline Normal wage rate & R180 per hour \\ \hline Premium & 80% of piecework rate if below standard \\ & 120% of piecework rate if standard or above \\ \hline \end{tabular} Donald's production for the day was 1300 units