2. Exercise 8-3 (Algo) Preparing flexible budgets LO P1 Tempo Company's fixed budget (based on sales of 18,000 units) folllows. 10 points 3,852,000 Fixed Budget Sales (18,000 units X $214 per unit) Costs Direct materials Direct labor Indirect materials Supervisor salary Sales commissions Shipping Administrative salaries Depreciation-office equipment Insurance Office rent Income 432,000 774,000 468,000 232,000 144,000 27 , 282,000 252,000 222,000 232,000 544,000 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. Answer is complete but not entirely correct. 2 Office rent 232,000 544,000 Income 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 complete but not entirely correct. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Compute total variable cost per unit. Total variable cost per unit S 90 Rezuela Required 2 > 2 office rent Income 232,800 544,090 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. ints Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Compute total fixed costs. Total fixed costs $ 1,688,000 Prepare a flexible budget at activity levels of 16,000 units and 20,000 units. TEMPO COMPANY Flexible Budget Variable Total Fixed Amount per COSI Unit Flexible Budget for Units Unit Sales of Sales of 16,000 20,000 Sales $ 214.00 3,424,000 4,280,000 Variable costs Direct materials Direct labor Indirect materials Sales commissions Shipping 24.00 43.00 26.00 15.00 384,000 68,800 416,000 240,000 128,000 480,000 860,000 520,000 300,000 160,000 8.00 116.00 98.00 1,236,800 1,568,000 2,320,000 1,960,000 Total variable costs Contribution margin Fixed costs Supervisor salary Administration salaries 232,000 282,000 232,000 282,000 232,000 282,000 45.UU 26.00 Direct labor Indirect materials Sales commissions Shipping 00 UUR ODV, UUU V 416,000 520,000 240,000 300,000 128,000 160,000 15.00 8.00 116.00 98.00 1,236,800 1,568,000 2,320,000 1,960,000 Total variable costs Contribution margin Fixed costs Supervisor salary Administration salaries Depreciation Office equipment Insurance Office rent 232,000 282,000 252,000 222,000 232,000 232,000 282,000 252,000 222,000 232,000 232,000 282,000 252,000 222,000 232,000 Total fixed costs $ 1,220,000 $ 1,220,000 $ 348,000 $ 1,220,000 $ 740,000 Income