A. Mr. Mahmood joined your company a cost accounting trainee, you being working as a cost accountant he approached you to make him clear what is absorption costing and in what circumstances it can be superior to marginal costing. You are required to make Mr. Mahmood's doubts cleared. B. Use the below numerical figures of your company's production unit along with the theoretical aspects during the convincing process to Mr. Mahmood about absorption costing. Production 2,200 units Sales 2,000 units Opening stock Variable manufacturing cost per unit OMR 7.00 Fixed manufacturing overhead (total) OMR 4,400 Variable selling and administration overhead per unit OMR 0.500 Fixed selling and administration overhead OMR 800 Selling price per unit OMR 15