QUESTION 2 (20 Marks) 2.1 Viper Enterprises commenced operations on 1 July 2016, and produces a single product that sells for R35 per unit During the period, 300 000 units of the product were manufactured of which 240 000 units were sold. There was no work- in-process inventory at the end of the year. All costs are presented in the table below: Fixed Cost type Direct materials Direct labour Factory overhead Marketing and administrative Variable R6.00 per unit produced R4.00 per unit produced R2.00 per unit produced R1.00 per unit sold R750 000 R250 000 NO Required: Prepare the income statement using the Marginal Costing method for the year ended 30 June 2017. (10 marks) 2.2 Nonjabulo is employed by Duma Limited. The normal working week is 45 hours. She worked for 49 hours during the last week of May 2017. She is remunerated at R80 per hour during normal working hours. Overtime is calculated at 1.5 times the normal rate. The following are her deductions for the week: Medical aid fund R418 Pension fund 7% of the normal wages Income tax R810 Duma Limited contributes the same amount as the employees towards the medical aid fund and pension fund. Required: Calculate the net wage of Nonjabulo for the last week of May 2017 (10 marks)