Intermediate Exe Limited makes a single product whose total cost per unit is budgeted to be £45. This includes fixed cost of £8 per unit based on a volume of 10000 units per period. In a period, sales volume was 9000 units, and production volume was 11 500 units. The actual profit for the same period, calcu¬ lated using absorption costing, was £42 000.

If the profit statement were prepared using marginal costing, the profit for the period A would be £ 10 000 B would be £22 000 C would be £50000 D would be £62 000 E cannot be calculated without more informa¬ tion