Exercise 25-07 a-b begin using a flexible budgeting system, rather than use only the current master Lily Inc. (AP) is a manufacturer of toaster ovens. To improve control over operations, the president of AP wants budget. The following data are available for AP's expected costs at production levels f 82,000, 96,000, and 110,000 units Variable costs Manufacturing $7 per unit Administrative $4 per unit $1 per unit Selling Fixed costs Manufacturing $160,000 Administrative $79,000 Prepare a flexible budget for each of the possible production levels: 82,000, 96,000, and 110,000 units. (List variable costs before fixed costs.) LILY INC. Flexible Production Cost Budget $ $ $ LINK TO TXT If AP sells the toaster ovens for $18 each, how many units will it have to sell to make profit of $421,600 before taxes? Units to be sold