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 75,000 to 170,000 units: Variable costs: Manufacturing = $6/unit Administrative = $3/unit Selling = $1/unit Fixed costs: Manufacturing = $100,000 Administrative = $80,000

Required: Prepare a flexible budget for each of the three sales levels of: 90,000, 100,000 and 110,000 units. Each heating unit is expected to sell for $12.