Question 1 --/3 View Policies Current Attempt in Progress Appliance Possible Inc. (AP) is a manufacturer of toaster ovens. To improve control over operations, the president of AP wants to begin using a flexible budgeting system, rather than use only the current master budget. The following data are available for AP's expected costs at production levels of 89,000, 101,000, and 113,000 units. Variable costs $7 per unit Manufacturing Administrative $3 per unit Selling $1 per unit Fixed costs Manufacturing $140,000 Administrative $71,000 (a) Prepare a flexible budget for each of the possible production levels: 89,000, 101,000, and 113,000 units. (List variable costs before fixed costs.) APPLIANCE POSSIBLE INC. Flexible Production Cost Budget Prepare a flexible budget for each of the possible production levels: 89,000, 101,000, and 113,000 units. (List variable costs before fixed costs.) APPLIANCE POSSIBLE INC. Flexible Production Cost Budget Administrative Total Fixed Costs Production Levels Manufacturing Fixed Costs Total Costs Seling 24 Total Variable Costs Variabie Costs Activity Level %24 %24 eTextbook and Media Attempts: 0 of 3 used Submit Answer Save for Later