The Tradex company is a producer of alcoholic drinks and sells these drinks in crates of $144$ two$-$liter

bottles to the catering industry. To draw up the monthly budget, the company uses the standard

direct cost. The standard data for $1$ bottle of alcoholic drink for the month of April $20$X$0$ is:

Standard sales price $10$ EUR

Standard DMC: $1$kg x $2$ EUR$/$kg $2$ EUR

Standard DLC: $1$ minute x $180$ EUR$/$DLH $3$ EUR

The indirect costs are all fixed and consist of $4,000$ EUR administrative costs, $10,000$ EUR advertising

costs and $26,000$ EUR depreciation. The budgeted production volume for the month of April $20$X$0$ is

$10,000$ pieces. This yields the following budget for the month of April $20$X$0$:

Budgeted turnover $100\mathrm{.}000$ EUR

Budgeted DMC $20\mathrm{.}000$ EUR

Budgeted DLC $30\mathrm{.}000$ EUR

Budgeted indirect fixed costs $40\mathrm{.}000$ EUR

Budgeted operating income $10\mathrm{.}000$ EUR

During the month of May $20$X$0$ the actual data for April $20$X$0$ are available. In the month of April $20$X$0,$

$9,000$ units were produced and sold at the anticipated EUR $10$ each. The computer system

automatically calculates, based on the actual data and the standard data, the following variances for

the month of April $20$X$0$:

Variances in EUR Favourable Unfavourable

Price variance DMC $360$

Efficiency variance DLC $1\mathrm{.}518$

Price variance indirect fixed costs $2\mathrm{.}000$

There were no other variances

Required:

Calculate the actual operating income for April $20$X$0.$ Round any intermediate results to $2$ decimal