Exercise 23-07 a-b (Video) Waterway 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 Administrative Selling Fixed costs Manufacturing Administrative $6 per unit $3 per unit $2 per unit $130,000 $82,000 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.) WATERWAY INC. Flexible Production Cost Budget If AP sells the toaster ovens for $17 each, how many units will it have to sell to make a profit of $440,200 before taxes? Units to be sold