Regina Ltd. produces suitcases. The budget for the forthcoming period is: Sales: 4,000 units @22 88,000 Direct materials: 4,000 units * 6.50 26,000 Direct labour: 4,000 units * (0.5 hours * 7.80) 15,600 Fixed overheads 6,000 Budget profit 40,400 If the company flexes its budget to 3,600 units, what will be the revised budgeted profit? (a) 35,760 (b) 36,360 (c) 31,600 (d) 29,750