Matero Ltd produces and sells product X77. The standard cost per unit of which is as follows: K per unit Direct materials 8 Direct labour 5 Variable production overhead 2 Fixed production overhead 5 Total production cost 20 The fixed production overhead figure has been calculated on the basis of a budgeted normal output of 36,000 units per annum. You are to assume that actual fixed overheads were as expected and that all the budgeted fixed expenses are incurred evenly over the year. November and December are to be taken as equal period months. Selling, distribution and administration expenses are: Fixed K120,000 per annum Variable 15% of the sales value The selling price per unit and the number of units produced and sold were: November December (units) (units) Production 2,000 3,200 Sales 1,500 3,000 Required: Using marginal costing principles, prepare a profit statement