QUESTION 3 (CLO 4) ABC Sdn Bhd is producing a product called BB. Total production in the month of June 2021 is 6,000 units meanwhile the sales of BB product was recorded at 6,200 units. This indicate the BB product is selling well in the market. ABC Sdn Bhd Below are the cost information provided by Manager of BB production. RM 30.00 Selling price Direct material RM 2.80 Direct labour RM 8.00 RM 1.20 RM 0.80 RM 3.50 Variable manufacturing overhead Variable non-manufacturing overhead Fixed production overhead (per production unit) Fixed administration and general overhead Fixed selling and distribution overhead Production Sales Opening stock RM 12,200 RM 4,100 6,000 units 6,200 units 400 units Required: a. Prepare the Statement of Profit and Loss for the month of June 2021 using: i. Marginal Costing Approach (13 marks) fi. Absorption Costing Approach (13 marks) Page 4 of 12 ACC2273/BAAI3 COST ACCOUNTING/COSTING/FE202/ b. Reconcile the difference in the profits under the two costing approaches. b. Reconcile the difference in the profits under the two costing approaches. (4 marks) (Total: 30 marks)