A company plans to produce and sell 50,000 units of it regular product during the coming month at GHe 12 per unit. A unit of the product requires 5kg of material valued at GHe0.5 per kg and 3 hours of direct labour paid at GH 0.75 per hour. Selling and distribution cost is budgeted at GH$50.000 variable and GH 60.000 fixed. Fixed production overheads is budgeted at GHe80.000 and GH$40.000 for administration. Required a. Calculate the product cost per unit under the following costing basis; i. Absorption Costing ii. Marginal Costing b. Prepare a budgeted profit statement for the coming month under the following costing basis; i. ii. Absorption Costing Marginal Costing