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Kindly assist me with this QUESTION 15 BB Ltd makes and sells a single product called Ben). The following information relate to the costs, volumes

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QUESTION 15 BB Ltd makes and sells a single product called "Ben). The following information relate to the costs, volumes and price for the first and second months of the third quarter 2020: Details July August Production (Units) 15,000 16,000 Sales (Units) 10.000 15,000 Selling Price per unit (GHc) 35 Unit Cost (GHc) Direct Material 14 Direct Labour 4 Variable production overhead 2 Variable selling overhead Fixed Cost Production Overhead 40,000 Administration Overhead 15,000 Selling & Administration Overhead 25.000 Additional information: Fixed production overheads are budgeted to be GHe40,000 per month for a budgeted monthly production of 20,000 units. Production overheads are absorbed on a unit of production basis. You are required to prepare a statement of profit or loss for the two (2) months, July and August 2020 using marginal and absorption costing principles

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