Cheyenne Possible Inc. (CP) is a manufacturer of toaster ovens. To improve control over operations, the president of CP wants to begin using a flexible budgeting system, rather than using only the current master budget. The following data are available for CP's expected costs at production levels of 79,200, 88,000, and 96,800 units. Variable costs Manufacturing $7 per unit Administrative $4 per unit Selling $3 per unit Fixed costs Manufacturing $140,800 Administrative $70,400 (a) Prepare a flexible budget for each of the possible production levels: 79,200, 88,000, and 96,800 units. (List variable costs before fixed costs.) CHEYENNE POSSIBLE INC. Flexible Production Cost Budget $ $ $