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QUESTION TWO Read the case studybetow and answer the questions that follow. Hendry Limited produces a mini-kitchen called Town Cook. which is enjoying extensive popularity amongst young children. The following data is available for the month: Selling price (per unit) Units in opening inventory Units manufactured Units in closing inventory Variable nests per unit: Direct materials Direct labour Variable manufacturing overhead Variable selling and administrative Fixed costs: Fixed manufacturing overhead Fixed selling and administrative The company produces the same number of units every month. although the sales in units vary from month to month. The oompanfs variable costs per unit and total xed costs have been constant trom month to month. {where applicable. round off amounts to two decimal places) 2.1 Calculate the unit product cost for the month under marginal costing. (3 marks] 2.2 Calculate the unit product cost for the month under absorption ousting (3 marks] 2.3 Prepare an income statement for the month using the absorpon ousting method. (7 marks] 2.4 Prepare an income statement for the month using the Marginal costing method. (7 marks]