Question: need answer as soon ss possible Exercise 11-7 Preparing Flexible Budgets (LO2-CC12) ToasToe Inc. (T) is a manufacturer of heating elements for toaster ovens. To

need answer as soon ss possible
need answer as soon ss possible Exercise 11-7 Preparing Flexible Budgets (LO2-CC12)
ToasToe Inc. (T) is a manufacturer of heating elements for toaster ovens.

Exercise 11-7 Preparing Flexible Budgets (LO2-CC12) ToasToe Inc. (T) 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 Variable costs Manufacturing Administrative Selling Fixed costs Manufacturing Administrative $7.25/unit $4.25/unit 52.25/unit $ 132,500 5 92,500 Required: Prepare a flexible budget for each of the three possible sales levels: 100.000, 110.000 and 120.000 units. Each toaster oven is expected to sell for $16.00 TOASTTOE INC Flexible Budget Cost For (pertantur 100.000 Activity (toasters 110.000 120.000 TOASTTOE INC Flexible Budget Cost Formula (per toaster) Activity (toasters) 110,000 100,000 120.000 Variable costs Total variable costs Fed costs Totale con Total cost

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