using a format

The following information relates to Langit Biru Sdn Bhd manufacturing floor cleaner.- Production and sales volumes: Production (bottles) Sales (bottles) May 24,000 21,000 June 26.000 24,000 July 25,000 30.000 Cost date: Selling price per bottle RM 22 Direct materials per bottle RM6.10 RM0 75 Direct labour per bottle Variable production overheads 200% of direct labour Sales commission 5% of sales value Notes: There were 5,000 bottles of floor cleaner in inventory at 1 May b) Fixed production overheads are budgeted at RM812.000 per annum and are absorbed into products based on normal output of 25 000 per month Prepare the management soccunts showing profit calculated using Variable marginal posting System 20 marks