Question 3 (20 Marks) Super MU produces and sells the product 'Super'. The production costs of the product are as follows: Per unit Direct materials Direct labour Variable overheads Fixed overheads RM 50 40 30 80 Selling price per unit of product is RM400. Normal monthly production of 1,000 units is used to calculate the fixed overhead costs for each period. In addition to the production costs above, the company also incurs other costs: Fixed administration overheads which amounts to RM40,000 a month. Variable selling overheads comprise 10% of sales value. Fixed selling overheads amounting to RM60,000 per month. The following sales and production volumes are planned for the month of September and October 2020. September October Sales 900 units 1,000 units Production 1,200 units 800 units There are no opening stocks of finished goods at the beginning of September Required: (a) Prepare the Profit Statement for September and October 2020, using (0) (it) Absorption costing method Marginal costing method (9 marks) (11 marks)