From the following fi gures, you are required to prepare cost and profi t statements for the months of November and December 2009 under marginal-costing and absorption-costing methods:

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Normal sales: Selling price: November 2009: December 2009: Manufacturing cost: Direct materials: Direct labour: Manufacturing overhead: Selling expenses: Commission: Fixed selling expenses: 50,000 units Rs. 6.25 each 120% of normal capacity pro- duction; Sales 40,000 units 84% of normal capacity pro- duction; Sales 60,000 units. Re 1 per unit Re 1.50 per unit Rs. 70,000 (of which, Rs. 25,000 are variable) Re 0.25 per Unit Rs. 12,500 Administrative expenses: Rs. 10,000 Research & Development Rs. 2,000