1 Exercise 8-3 (Algo) Preparing flexible budgets LO P1 Tempo Company's fixed budget (based on sales of 18,000 units) folllows. 10 points 3,798,000 Fixed Budget Sales (18,000 units X $211 per unit) Costs Direct materials Direct labor Indirect materials Supervisor salary Sales commissions Shipping Administrative salaries Depreciation-office equipment Insurance Office rent Income 432,000 774,000 486,000 232,000 144,000 252,000 282,000 252,000 222,000 232,000 490,000 1. Compute total variable cost per unit. 2. Compute total fixed costs. 3. Prepare a flexible budget at activity levels of 16,000 units and 20,000 units. X Answer is not complete. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Prepare a flexible budget at activity levels of 16,000 units and 20,000 units. TEMPO COMPANY Flexible Budget Variable Total Fixed Amount per Cost Unit Flexible Budget for: Units Unit Sales of Sales of 16,000 20,000 $ 3,780,000 4,200,000 Sales 210.00 3,360,000.00 3 Required 1 Required 2 Required 3 10 points Prepare a flexible budget at activity levels of 16,000 units and 20,000 units. TEMPO COMPANY Flexible Budget Variable Total Fixed Amount per Cost Unit $ $ 210.00 X 3,360,000.00 Flexible Budget for: Units Unit Sales of Sales of 16,000 20,000 S 3,780,000 4,200,000 Sales X 432,000 X 480,000 384,000.00 X 688,000.00 X 774,000 860,000 Variable costs Direct materials Direct labor Indirect materials Sales commissions Shipping OOOOO 0.00 1,206,000 1,340,000 Fixed costs 1$ 0 $ 0 $ 0