KEsTION $1(33$ MARKS$)(59$ MINUTES$)$Quality$-$Wardrobes $($Pty$)$ Lid $($Good$-$Quality$-$Wardrobes$)$ manufacture and sell bedroomt wooden wardrobe directly to customers. The company was founded by Mr Loljeku inorus township in Gauteng province and has $31$ December financial year end.material to manufacture one wardrobe $($one unit$)1$elamine Board $(5$ boards of $2750$ mm x $1830$ mm at R$750$ per board$)$ox of nails and wardrobe handles $($R$200$ per box$)$armish Paint $($R$350$ per $5$ litres$)$dditional costsabourhe company have $5$ employees $($one supervisor and $4$ employees$)$lanufacturing overheadslectricity costs per wardrobe $($Variable$)$epreciation on Equipment per month $($Fixed$)$ther expensesdministrative expenses per month $(40\%$ variable$)$dvertising expenses per month $(50\%$ variable$)$dditional informationR$3750$R$200$REQUIREDR$350$R$200$R$5000$R$3000$R$10001.$ On $01$ January $2024$ Good$-$Quality$-$Wardrobe had $10$ complete wardrobes at a cost ofR$60000,$ manufactured $195$ wardrobes, and sold $200$ wardrobes during the financial yea$2.$ The selling price was R$8500$ per wardrobe$\mathrm{.}3.$ Employees work $40$ hours per week $(52$ weeks per year$)$ and have three weeks as annuleave. The labour rate is R$16$ per hour and R$21$ per hour for the supervisor. All employeand supervisor worked $10-$over$-$time hours each for the financial year. It is company polto pay over$-$time work at two times the normal labOur rate.a$)$ Prepare the Actual Statement of Comprehensive Income for the year ended$31$ December $2024$ for using direct costing principles.$($b$)$ Assume that the applied fixed manufacturing overheads for the $2024$financial year were R$100000$ and then:$)$ Calculate the over$/$under recovered fixed manufacturing overheadsfor the $2024$ financial year.Marks$(27)(2)$