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Appliance Possible Inc. (AP) is a manufacturer of toaster ovens. To improve control over operations, the president of AP wants to begin using a flexible

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Appliance Possible Inc. (AP) is a manufacturer of toaster ovens. To improve control over operations, the president of AP wants to begin using a flexible budgeting system, rather than use only the current master budget. The following data are available for AP's expected costs at production levels of 81,000, 92,000, and 103,000 units. Variable costs Manufacturing $6 per unit Administrative $3 per unit $2 per unit Selling Fixed costs Manufacturing $130,000 Administrative $82,000 (a) Prepare a flexible budget for each of the possible production levels: 81,000, 92.000 and 103.000 units. (List variable costs before fixed costs.) APPLIANCE POSSIBLE INC. Flexible Production Cost Budget > $ $ Production Levels Total Variable Costs Manufacturing Fixed Costs $ Administrative Activity Level Total Fixed Costs Selling Variable Costs Total Costs

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