Toyworld Inc. manufactures and sells a line of toys. Toys are mainly distributed in department stores. As president of Toyworld, you wanted to analyze Toyworld's profitability. Your account assistant has provided you with the following data: 

 

Selling price, per unit Variable manufacturing cost, per unit Static/Master Actual Budget $20.00 $21.00 11.00 12.00 9,000 11,550 Variable marketing and administrative expenses, total Fixed manufacturing cost, total 34,500 36,000 Fixed marketing and administrative 40,000 44,000 expenses, total Sales volume, in units 9,000 10,000 *5% of sales revenue