The following data has been extracted from last quarter's budget of Elise Ltd, which manufactures and sells a single product. The variable production cost per unit is 40 and each unit incurs 1 hour and 30 minutes of labour. Fixed production overhead to be absorbed in each unit has already been calculated and is 20 per labour hour. In February, Elise Ltd recorded a loss of 4,000 under marginal costing principles. What would have been the budgeted profit or loss figure in February if Elise Ltd used absorption costing principles instead