Hello, I am an accounting and finance student at my first year, I need help in overcoming this question please:

Question 1 Doom Bhd manufactures and sells a single product. Cost data for the product are given below: Variable costs per unit: Direct materials Direct labour Variable manufacturing overhead Variable selling and administrative overhead Total variable cost per unit RM 7 RM 10 RM5 RM 3 RM 25 Fixed costs per month: Fixed manufacturing overhead Fixed selling and administrative overhead RM315,000 RM245.000 RM560,000 The product sells for RM60 per unit. Production and sales data for July and August, that is, the first two months of operations, follow July August Units produced 17,500 17,500 Units sold 15,000 20,000 The company's Accounting Department has prepared an absorption costing income statement for July and August as presented below. Sales (-) Cost of goods sold Gross margin (-) Selling and administrative expenses Net operating income July August RM 900,000 RM 1,200,000 (RM 600,000) (RM 800,000) RM 300,000 RM 400,000 (RM290,000) R310,000 (RM 305,000) RM 95,000 As a cost accountant, you would like to suggest that the company use variable costing in order to help the decision-making process. Due to that, you are required to prepare a report to indicate the differences of the two reporting income statements. Your report should consist of the income statement for variable costing and computation the unit product cost under absorption and variable costing