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10. Tempo Company's fixed budget (based on sales of 12,000 units) for the first quarter of calendar year 2017 reveals the following. Fixed Budget Sales

10.

Tempo Company's fixed budget (based on sales of 12,000 units) for the first quarter of calendar year 2017 reveals the following.

Fixed Budget
Sales (12,000 units) $ 2,472,000
Cost of goods sold
Direct materials $ 288,000
Direct labor 516,000
Production supplies 336,000
Plant manager salary 88,000 1,228,000
Gross profit 1,244,000
Selling expenses
Sales commissions 108,000
Packaging 192,000
Advertising 100,000 400,000
Administrative expenses
Administrative salaries 138,000
Depreciationoffice equip. 108,000
Insurance 78,000
Office rent 88,000 412,000
Income from operations $ 432,000

Complete the following flexible budgets for sales volumes of 10,000, 12,000, and 14,000 units. (Round cost per unit to 2 decimal places.)

TEMPO COMPANY
Flexible Budgets
For Quarter Ended March 31, 2017
------Flexible Budget------ ------Flexible Budget at ------
Variable Amount per Unit Total Fixed Cost 10,000 units 12,000 units 14,000 units
Variable costs:
Fixed costs:

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