Z Limited manufactures a single product, the budgeted selling price and variable cost details of which are as follows: Budgeted fixed overhead costs are 60,00 per annum charged at the cost rate each month. Budgeted production is 30,000 units per annum. In a month when actual production was 2,400 units and exceeded sales by 180 units, identify the profit reported under absorption costing. a. 6,660 b. 7,570 c. 7,770 d. 8,200