* [Solved] ToasToe Inc. {TI} is a mar X mySaskPolytech X D21 Homepage - Spring Semester 20 x Question 1 - LO8-Variance Analy + X G https://ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=08launchUrl=https%253A%252F%252FIms.mhedu... A" Not syncing LO8-Variance Analysis Assignment i Saved Help Save & Exit Submit Exercise 11-7 Preparing Flexible Budgets (LO2 - CC12) ToasToe Inc. (TI) 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 available for expected costs for production. The relevant range of production levels for fixed overhead costs is 80,000 to 180,000 units: 6 points Variable costs: Manufacturing $7 . 50/unit Administrative $4.50/unit Selling $2.50/unit eBook Fixed costs: Manufacturing 139, 600 Print Administrative 95,006 References Required: Prepare a flexible budget for each of the three possible sales levels: 102,000, 112,000, and 122,000 units. Each toaster oven is expected to sell for $16.80. TOASTTOE INC. Flexible Budget Cost Formula Activity (toasters) (per toaster) 102,000 112,000 122,000 Variable costs: Mc Graw Hill