PROBLEM 3. Flexible Budget (10 points) Hathaway Inc. produces and sells golf umbrellas to local resorts. Hathaway anticipated April to be a busy month with the sale of 2,000 umbrellas. The company had prepared the following static budget for April: $60,000 Sales revenue (2,000 units) Variable costs: Direct materials Direct labor Overhead Fixed costs Net operating income 6,000 8,000 2,500 6,000 $37,500 During April, Hathaway actually produced and sold 2,300 umbrellas. Required: Prepare a flexible budget for the actual level of sales achieved. (Hint: You need to calculate per unit information.)