1. USA Appliances (UA) is a manufacturer of toaster ovens. To improve control over operations, the president of UA wants to begin using a flexible budgeting system, rather than use only the current master budget. The following data are available for UA's expected costs at production levels of 90,000,100,000, and 110,000 units. Prepare a flexible budget for each of the possible production levels: 90,000,100,000, and 110,000 units. 2. JAG, Inc. manufactures a product that has the direct materials standard cost presented below. Budgeted and actual information for the current month for the manufacture of the finished product and the purchase and use of the direct materials is also presented. Standard cost for direct materials: 1.60lb @ @ $2.50 per lb. Assume that actual purchase and usage of direct materials was 50,000 pounds. Calculate the direct materials price, efficiency, and flexible-budget variances