Miller Toy Company manufactures a plastic swimming pool at its Westwood Plant. The plant has been experiencing problems as shown by its June contribution format income statement below: Flexible Budget $675,000 Actual $675,000 Sales (15,000 pools) Variable expenses 435,000 20,000 455,000 220,000 461,890 20,000 481,890 193,110 Variable cost of goods sold Variable selling expenses Total variable expenses Contribution margin Fixed expenses 130,000 84,000 214,000 $6,000 130,000 84,000 214,000 $(20,890) Manufacturing overhead Selling and administrative Total fixed expenses Net operating income (loss Contains direct materials, direct labor, and variable manufacturing overhead