Marginal Costing and Absorption Costing Question 2 The following information is being provided by ABC Company: Direct material cost per unit OMR 20 Direct labour cost per unit OMR 8 OMR 2 Variable manufacturing overhead per unit Total fixed manufacturing overhead per year OMR 150,000 Variable selling and administration expenses OMR 2.5 per unit sold Fixed selling and administration expenses OMR 75,000 Number of units produced per year 25,000 Units Number of units sold per year 21,000 Units Opening stock of finished goods 0 Selling price OMR 50 You are required to: A. Calculate the profit under marginal costing and absorption costing