MARGINAL AND ABSORPTION Seputeh Sdn. Bhd. began business on 1 March, making one product, \"Putih\

MARGINAL AND ABSORPTION Seputeh Sdn. Bhd. began business on I March, making one product, "Putih", the standard for which are as follows: Direct Material Direct Labour 3 kilos at RM 5 per kilo 2 hours at RM 5 per hour Variable Overhead RM 5 per labour hour Fixed Overhead RM 6 per labour hour The fixed overhead has been calculated on the basis of a budgeted annual output of 36,000 units, to accrue evenly over each month. The selling price per unit is RM60, and the number of units produced and sold for the first two months were as follows: Production Sales March Units 2000 1500 April Units 3000 3200 (a) Prepare a statement showing the profits for both March and April, using: (i) Marginal costing (ii) Absorption costing