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Prepare flexible budget report, E10.7 ILO 2). AP Appliance Possible Inc. (AP) is a manufacturer of toaster ovens. To improve control over operations, the president

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Prepare flexible budget report, E10.7 ILO 2). AP Appliance Possible Inc. (AP) is a manufacturer of toaster ovens. To improve control over operations, the president of AP wants to begin using a Hexible budgeting system, rather than me only the current master budget. The following data are available for APs expected costs at productie levels of 90,000, 100,000, and 110,000 units. Variable costs Manufacturing Administrative Selling Fixed costs Manufacturing Administrative $6 per unit $4 per unit $3 per unit $160,000 $ 80,000 Instructions a. Prepare a flexible budget for each of the possible production levels: 90,000, 100,000, and 110,000 units. b. If AP sells the toaster ovens for $16 each, how many units will it have to sell to make a profit of $60,000 before taxes

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