Musician Shatta bundle produces music on compact discs (CD) and has incurred the following costs on cd production: Raw Material Cost (Direct) Labour Wages Variable Production Overhead Fixed Production Overhead GH 80 50 20 50 Standard production cost 200 The fixed production overhead figure has been calculated on the basis of a budgeted normal output of 72,000 units per annum. The fixed production overhead actually incurred in April was GH 30,000. Selling, distribution and administration expenses are: Fixed GH10,000 per month Variable 15% of the sales value. The selling price per unit is GH50 and the number of units produced and sold were: Production 11,000 Sales 9,000 Required: Prepare absorption and marginal costing profit or loss statements for the entity and reconcile the difference in profit or loss statements if any