2. Your company intends to manufacture and supply a new product for which the following budgeted information is provided: Selling price RM12.00 per unit Direct material RM1.50 per unit Direct labour RM0.90 per unit Variable overhead 25% of prime cost September October November Production (units) 8,000 14,000 10,000 Sales (units) 7,000 12,000 13,000 Fixed cost RM50,000 per month for budgeted production volume of 10,000 units. Other non-production costs are given below: Variable cost Fixed cost Selling and distribution RM 2.40 per unit RM 8,000 Administration RM 1.50 per unit RM 4,500 REQUIRED: (a) Prepare Budgeted Profit Statements for September, October and November on: (@) the absorption basis (i) the marginal basis. (b) Explain why, for 2 months, different profits have been budgeted between the absorption and marginal systems in your answer (a). Support your explanations with appropriate figures