A firm manufactures and sells single product only which sells for Rs 50 per unit. There were no stocks at the end of August and other information is as follows.

Standard cost per unit	Rs
Direct material	18
Direct wages	4
Variable production overhead	3
Budgeted and actual costs per month
Fixed production overhead	99,000
Fixed selling expenses	14,000
Fixed administration expenses	26,000
Variable selling expenses	10% of sales value

Normal capacity is 11,000 units per month. The number of units produced and sold was:

	September Units	October Units
Production	14,000	10,200
Sales	12,800	11,000

Required: Prepare P&L statement for the September and October applying:

1. Marginal Costing

2. Absorption Costing