Question 1 The following budgeted information relates to company KCT Bhd for three months that sells oneproduct.

			July		August		September
Sales units			18,000		32,000		25,000
Production in units			25,000		30,000		28,000
			RM		RM		RM
Selling price per unit			16.00		16.00		16.00
Variable production cost per unit
- Direct material			5.00		5.00		5.00
- Direct labour			3.00		3.00		3.00
- Production overhead			2.00		2.00		2.00
- Selling and distribution			1.50		1.50		1.50
- Administration			1.20		1.20		1.20
Fixed cost per month :
- Production overhead			45,000		45,000		45,000
- Selling and distribution			25,000		25,000		25,000
- Administration			15,000		15,000		15,000

Normal activity level for production is 25,000 units per month. Fixed production overhead is tobe absorbed based on unit basis.

Required:

Prepare statement for each of the period 1 to 3 based on variable costing technique.