Pronghorn Possible Inc. (PP) is a manufacturer of toaster ovens. To improve control over operations, the president of PP wants to begin using a flexible budgeting system, rather than using only the current master budget. The following data are available for PP's expected costs at production levels of 93,800, 104,000, and 114,400 units. Variable costs $7 per unit $5 per unit $ 1 per unit Manufacturing Administrative Selling Fixed costs Manufacturing Administrative $ 166,400 $ 83,200 (a) Prepare a flexible budget for each of the possible production levels: 93.600, 104.000, and 114,400 units. (List variable costs before fixed costs.) PRONGHORN POSSIBLE INC. Flexible Production Cost Budget Activity Level V $ $ s