Malindela Ltd is a company that specializes in the manufacturing of a single product, that is product 'S' and they sell the product at $45 per unit. The budgeted data for the period under review is tabulated below:

Production and sales volume is 6 000 units:
	BWP
Non-production overheads	65 700.00
Production overheads	97 200.00
Direct labour cost	35 400.00
Material cost	40 500.00

Further Information:

The actual production volume, as well as the costs were as budgeted but as for the actual sales volume they only managed to sell about 54800 units in total. The company did not have any opening inventory during the beginning of the period under review.

Required: Calculate the profit for the period using both the marginal costing and absorption costing methods