Heat Fast Inc (HF) is a manu install a flexible budgeting sy expected costs for productio of heating elements for toaster ovens. To improve control over operations, the president wants to ther than the single master budget being used at present. The following data are avallable for relevant range of production levels for fixed overhead costs is 80,000 to 180.000 units. Required: Prepare a flexible budget for each of the three sales levels: 116,000,126,000 and 136,000 units. Each toaster oven is expected to sell for $22.40. Heat Fast inc ( HFI ) is a manufacturer of heating elements for toaster ovens. To improve control over operations, the president wants to Install a flexible budgeting system, rather than the single master budget being used at present. The following data are avallable for expected costs for production. The relevant range of production levels for fixed overhead costs is 80,000 to 180,000 units: Required: Prepare a flexible budget for each of the three sales levels: 116,000,126,000 and 136,000 units. Each toaster oven is expected to sell for $22.40