Using the following information for a this company, and calculate the contribution per unit, the marginal costing statement and the absorption costing statemen?

Units produced and sold	7,500 units
Sales price per unit	AED145
Direct Materials	AED262,500
Direct Labor	AED360,000
Variable Production Costs	AED75,000
Fixed costs and overheads	AED300,000

1) Calculate the contribution per unit

Contribution per unit

2) Create a marginal costing statement

	AED	AED
Revenue
Cost of sales
Contribution
Profit (Loss)

3) Create an absorption costing statement

	AED	AED
Revenue
Cost of sales
Profit (Loss)