B C E Children Toys Limited makes and sells a single product. The company employs a flexible budgeting system that covers a 1 3 Budgeted volume produced and sold 27,000 units Prime costs $30 per unit 5 Manufacturing overhead $132,000 $3 per unit plus 6 Selling and administrative expenses $2 per unit plus $30,000 Selling price $60 per unit 8 9 Actual data for April are as follows: 10 Volume produced and sold 29,000 units Prime costs $28 per unit Manufacturing overhead $5 per unit plus $135,000 13 Selling and administrative expenses $4 per unit plus $32,000 4 Selling price $55 per unit 5 _6 Required: 7 Calculate the company's flexible budget operating income (loss) for April that would appear in a performance report. (5 marks) 8 9 0 Sales 1,595,000 1 Variable expenses 2 Prime costs 3 Manufacturing overhead 4 Selling and administrative expenses 5 Fixed expenses 6 Manufacturing overhead Selling and administrative expenses Flexible budget operating income (loss) FB V1 New READY