asToe Inc. (TI) is a manufacturer of heating elements for toaster ovens. To improve control over operations, the president wants t stall a flexible budgeting system, rather than the single master budget being used at present. The following data are available for xpected costs for production. The relevant range of production levels for fixed overhead costs is 75,000 to 170,000 units: lequired: repare a flexible budget for each of the three possible sales levels: 94,000, 104,000, and 114,000 units. Each toaster oven is xpected to sell for $13.60. TOASTTOE INC. Flexible Budget