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Question 4 (1 point) Children Toys Limited makes and sells a single product. The company employs a flexible budgeting system that covers a relevant range

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Question 4 (1 point) Children Toys Limited makes and sells a single product. The company employs a flexible budgeting system that covers a relevant range from 25,000 units to 30,000 units and a just in time inventory system. Budget data for April, based on 27,000 units, are as follows: Prime costs Manufacturing overhead Selling and administrative expenses Selling price $35 per unit $137,000 plus $4 per unit) $35,000 plus $3 per unit $75 per unit Suppose the company produces and sells 29,000 units instead of the original 27,000 units at an average selling price of $70. What is the company's flexible budget operating income (loss) for April, given the actual sales volume of 29,000 units? $388,000. $463,000. $550,000. $640,000

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