QUESTION $2(20$ Marks$)2\mathrm{.}1$ REQUIRED Use the information given below to calculate the earnings of Jane per day using Taylor$$s differential piecework system. $(10$ marks$)$ INFORMATION The standard production at Yardley Limited is $20$ units per hour. During the first week of February, the work record of Jane $($who works $8$ hours per day at Yardley Limited$),$ is as follows: Day Units Monday $150$ Tuesday $170$ Wednesday $210$ Thursday $160$ Friday $194$ The labour cost per unit using Taylor$$s differential piecework system is as follows: $$ R$8$ per unit if below standard. $$ R$9$ per unit at standard and up to $20\%$ above standard. $$ R$10$ per unit if the daily output exceeds $20\%$ above standard. Earnings are calculated daily. $2\mathrm{.}2$ 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 $2025$: Opening inventory Nil Number of units manufactured $5000$ Number of units sold $4500$ Selling price per unit R$200$ Variable manufacturing costs per unit R$80$ Fixed manufacturing overhead costs R$60000$ Fixed selling costs and administrative costs R$50000$ Variable administrative costs per unit sold R$3$ Sales commission as a percentage of sales $5\%$