Printis Sdn. Bhd. (Printis) produces a mini tree trimmer which is suitable for household usage. Printis is in its 4th year of operation. The following data relate to the month of January 2021: Selling price Marketing and administrative expense (variable) Marketing and administrative expense (fixed) Direct materials Direct labour Manufacturing overhead (variable) Manufacturing overhead (fixed) RM400 per unit RM25 per unit RM600,000 RM120 per unit RM50 RM20 RM302,500 per unit Beginning inventory Units produced Units sold Ending inventory 1.500 units 13,750 units ? ? The company retains gross margin (GM) ratio at 47%. The total gross margin for January was RM2,632,000. Variable production costs per unit and total fixed costs have remained constant over the past several months. REQUIRED: (a) Calculate unit product cost using absorption costing system. (3 Marks) (b) Calculate unit product cost using variable costing system. (2 Marks) (c) Prepare income statement using absorption costing system for the month of January 2021. (10 Marks) (d) Prepare income statement using variable costing system for the month of January 2021. (7 Marks) (e) Reconcile the net income calculated in (c) and (d). (3 Marks) Discuss the possibility of using variable costing system in service sector or merchandising companies. (2 Marks) Explain THREE (3) benefits of variable costing systems for internal reporting