Daisy Ltd. produces books. Managers of Daisy Ltd. expect to produce 300 books and expect to have total overheads of 12,000. The actual production level was 400 books and the actual fixed production overheads equal 21,000. Daisy Ltd. sells 350 books for 20 per book. The variable production cost per unit is 5. Considering this information, which of the following statements is true? Select one: a. The income statement shows a loss of 15,750 when using the marginal costing technique. O b. The overheads absorption rate equals 50 per unit. O c. When using the absorption cost technique, there is an over-absorption of 5,000 which represents a revenue. O d. None of the answers is true