Note : Please provide answer with workings

Q5) TJL, a publicly listed company, is in the business of "Fabric" manufacturing. In order to produce 1MT of fabric TJL's consumption of costs are as follow; Quantity used per unit Unit price Direct Labour Direct Material 10.0 50.0 Yarn 20,0 5.0 20.0% 10.0% 30.0 40.0 Dye Chemical (As a % of other DM components) Variable Manufacturing overhead (As a % of DM and DL) Fixed Manufacturing overhead Fixed other admin related costs (As a % of Sales) 1,500,000.0 15.0% 4,500.0 Selling price per kg of fabric 80% of the production is expected to be sold during the year Prepare profit/loss statement using both the a) Marginal and b) Absorption costing method