1 Assignment Saved Tempo Company's fixed budget (based on sales of 14,000 units) for the first quarter reveals the following. Fixed Budget $3,052,000 $336,000 616,000 378,000 136,000 1,466,000 1,586,000 Sales (14,000 units $218 per unit) Cost of goods sold Direct materials Direct labor Production supplies Plant manager salary Gross profit Selling expenses Sales conmissions Packaging Advertising Administrative expenses Administrative salaries Depreciation-office equip. Insurance Office rent Income from operations 112,000 210,000 100,000 422,000 186,000 156,000 126,000 136,000 684,000 $ 560,000 (1) Compute the total variable cost per unit. (2) Compute the total fixed costs. (3) Compute the income from operations for sales volume of 12,000 units. (4) Compute the income from operations for sales volume of 16,000 units. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Compute the total variable cost per unit. Variable cost per unit Required 2 > Prev 1 of 4 Next > 80 DU FS - 21 Assignment Saved Tempo Company's fixed budget (based on sales of 14,000 units) for the first quarter reveals the followimu d Fixed Budget $3,052,000 $336,000 616,000 378,000 136,000 1,466,000 1,586,000 Sales (14,000 units * $218 per unit) Cost of goods sold Direct materials Direct labor Production supplies Plant manager salary Gross profit Selling expenses Sales commissions Packaging Advertising Administrative expenses Administrative salaries Depreciation-office equip. Insurance Office rent Income from operations 112,000 210,000 100,000 422,000 186,000 156,000 126,000 136,000 684,000 $ 560,000 (1) Compute the total variable cost per unit. (2) Compute the total fixed costs. (3) Compute the income from operations for sales volume of 12,000 units. (4) Compute the income from operations for sales volume of 16,000 units. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Compute the total fixed costs. Total foxed costs Prev 1 of 4 !!! Next > 21 Assignment Saved $336,000 616,000 378,000 136,000 1,466,000 1,586,000 cost of goods sola Direct materials Direct labor Production supplies Plant manager salary Gross profit Selling expenses Sales commissions Packaging Advertising Administrative expenses Administrative salaries Depreciation-office equip. Insurance Office rent Income from operations 112,000 210,000 100,000 422,000 186,000 156,000 126,000 136.000 604,800 $ 560,000 (1) Compute the total variable cost per unit. (2) Compute the total fixed costs. (3) Compute the income from operations for sales volume of 12,000 units. (4) Compute the income from operations for sales volume of 16,000 units. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Requirid 3 Required 4 Compute the income from operations for sales volume of 12,000 units. Income from operations at sales of 12,000 units 21 Assignment Saved $336,000 616,000 378,000 136,000 1,466,000 1,586,000 COST OT goods sola Direct materials Direct labor Production supplies Plant manager salary Gross profit Selling expenses Sales commissions Packaging Advertising Administrative expenses Administrative salaries Depreciation-office equip. Insurance Office rent Income from operations 112,000 210,000 100,000 ed 422,000 186,000 156,000 126,000 136,000 604,000 $ 560,000 (1) Compute the total variable cost per unit. (2) Compute the total fixed costs. (3) Compute the income from operations for sales volume of 12,000 units. (4) Compute the income from operations for sales volume of 16,000 units. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Compute the income from operations for sales volume of 16,000 units. Income from operations at sales of 16,000 units Bay City Company's fixed budget performance report for July follows. The $440,000 budgeted total expenses include $300,000 variable expenses and $140,000 fixed expenses. Actual expenses include $130,000 fixed expenses. Variances Sales (in units) Sales (in dollars) Total expenses Income from operations Fixed Budget 6,000 $480,000 440,000 $ 40,000 Actual Results 4,900 $436, 100 410,000 $ 26, 100 $43,900 U 30,000 F $13,900 Prepare a flexible budget performance report that shows any variances between budgeted results and actual results. List fixed and variable expenses separately. (Indicate the effect of each variance by selecting for favorable, unfavorable, and no variance. Do not round your intermediate calculations. Round your final answers to whole dollars.) BAY CITY COMPANY Flexible Budget Performance Report For Month Ended July 31 Flexible budget Actual results Variances Fav./Unf. $ 392,000 $ 436,100 $ 392,000 Favorable 245,000 278,000 33,000 Unfavorable 191,100 158,100 33,000 Unfavorable Sales Variable expenses Contribution margin (Fixed expenses Income from operations