Rain Until September Co makes a product, the Splash, which has a variable production cost of $6 per unit and a sales price of $10 per unit. At the beginning of September 200, there were no opening inventories and production during the month was 20,000 units. Fixed costs for the month were $45,000 (production, administration, sales and distribution). There were no variable marketing costs. Required: Calculate the total contribution and profit for September 20X0, using marginal costing principles, if sales were as follows. (a) 10,000 Splashes (b) 15,000 Splashes (c) 20,000 Splashes Marginal costing- Practice 2 1. A company produces and sells two products, A and B. Product A has variable cost of $6 and sells for $10 and product B has a variable cost of $8 and sells for $15. During the period, 20,000 units of Product A and 30,000 units of product B were sold. Fixed costs were $260,000. What was the profit or loss for the period? 2. An entity sells 2 products, X and Y. Product X sells for $8 per unit and has a variable cost of $3. Product Y sells for $6 per unit and has a variable cost of $2. Fixed costs each month are $250,000. Monthly sales are 40,000 units of Product X and 30,000 units of Product Y. There is no inventory of either product. Using marginal costing, calculate the profit for the month