The following data have been extracted from the budgets and standard costs of FAA Limited, acompany which manufactures and sells a single product.GHS per unitSelling price $72\mathrm{.}00$Direct materials cost $17\mathrm{.}00$Direct labour cost $8\mathrm{.}00$Variable overhead cost $4\mathrm{.}50$Fixed production overhead costs are budgeted at GHS$500,000$ per annum. Normal production levels are thought to be $100,000$ units per quarter. Budgeted selling and distribution costs are as follows.Variable GHS $3\mathrm{.}50$ per unit soldFixed GHS $270,000$ per annumBudgeted administration costs are GHS$180,000$ for the half$-$year of $2023.$ The following sales and production are expected during the first two months of $2023\mathrm{.}1$st Month $2$nd MonthSales $($units$)80,000100,000$Production $($units$)90,000120,000$There is no inventory on $1$st January $2023.$Requireda$)$ Prepare income statements for each of the two months using: Marginal costing Absorption costingb$)$ Reconcile the profits in $($a$)$ above