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Sheridan Inc. {AP} is a manufacturer of toaster ovens. To improve control over operations, the president of AP wants to begin using a exible budgeting

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Sheridan Inc. {AP} is a manufacturer of toaster ovens. To improve control over operations, the president of AP wants to begin using a exible budgeting system, rather than use only the current master budget. The following data are available for AP's expected costs at production levels of 83,000, 94,000, and 105,000 units. Variable costs Manufacturing $6 per unit Administrative $4 per unit Selling $2 per unit Fixed costs Manufacturing $140,000 Administrative $82,000 Prepare a flexible budget for each of the possible production levels: 83,000, 94,000, and 105,000 units. (List variable costs before fixed costs.) SHERIDAN INC. Flexible Production Cost Budget $ $ v $

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