Toyworld manufactures and sells a line of toys. The toys are primarily distributed through department stores. As president of Toyworld, you wanted to analyze Toyworld's profitability. Your capable assistant provided you with the following data: Static Budget Actual Sales volume (units) 9,000 10,000 Selling price (per unit) $20 $21 Variable manufacturing cost (per unit) $11 $12 Variable marketing and administrative expenses 5% of sales revenue) $9,000 $11,550 Fixed manufacturing cost $34,500 $36,000 Fixed marketing and administrative expenses $40,000 $44,000 Required: a (5 marks) Your are required to complete an analysis of Toyworld's profitability using flexible budget analysis. b (5 marks) Would you recommend anyone (manufacturing or marketing/admin) for a performance bonus? Explain why or why not.