Production and sales volumes: Production (bottles) Sales (bottles) May 25,000 23,000 June 28,000 26,000 July 27,000 31,000 Cost data: Selling price per bottle RM 24 Direct materials per bottle RM6.20 Direct labour per bottle RM0.85 Variable production overheads 200% of direct labour Sales commission 5% of sales value Notes: a) There were 5,500 bottles of floor cleaner in inventory at 1 May. b) Fixed production overheads are budgeted at RM624,000 per annum and are absorbed into products based on normal output of 26,000 per month. Prepare the management accounts showing profit calculated using Absorption costing system