Monty Possible Inc. (MP) is a manufacturer of toaster ovens. To improve control over operations, the president of MP wants to begin using a flexible budgeting system, rather than using only the current master budget. The following data are available for MP's expected costs at production levels of 88,200, 98,000, and 107,800 units. Variable costs Manufacturing $7 per unit Administrative $4 per unit Selling $3 per unit Fixed costs Manufacturing $156,800 Administrative $78,400 Prepare a flexible budget for each of the possible production levels: 88,200,98,000, and 107,800 units. (List variable costs before fixed costs.) MONTY POSSIBLE INC. Flexible Production Cost Budget > < < < $ > > < < V $ $ $ $