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Appliance Possible Inc. (AP) is a manufacturer of toaster ovens. To improve control over operations, the president of AP wants begin using a flexible budgeting
Appliance Possible Inc. (AP) is a manufacturer of toaster ovens. To improve control over operations, the president of AP wants begin using a flexible budgeting system, rather than use only the current master budget. The following data are available for A expected costs at production levels of 85,000, 95,000, and 105,000 units. Variable costs Manufacturing $7 per unit Administrative $3 per unit Selling $1 per unit Fixed costs Manufacturing $133.000 Administrative $80,000 Prepare a flexible budget for each of the possible production levels: 85,000, 95,000, and 105,000 units. (List variable costs bef fixed costs.) APPLIANCE POSSIBLE INC. Flexible Production Cost Budget $ $
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