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Question 3 CEO Clemenceau Limited is a new company that manufactures a single product for sale in France The management accountant recommends to the to compare two methods of calculating the profit for monthly In terms of production she budgets for a normal capacity of 40,000 units per month The Blowing information is available for the first three months of business: .Per unit : Sales price 80 Direct Materials 25 Direct Labour 18 Variable Production Over head 12 Per month : Fixed Production Overhead 360, QLD Fixed selling Expenses 100,00 May Sales Cunits) 37.poo 43,000 4000 Production 45,000 380 39,000 . . March Apal JI Question 3 . Required: a) Prepare propit statements for each month using Absorption Costing b) Prepare profit statements for each Marginal costing c) Explain the difference in the profits in both methods for each of the three months month using VI