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anwser not complete not sure what im missing , please help! Tempo Company's fixed budget (based on sales of 7,000 units) follows. $ 2,800,000 Fixed
anwser not complete not sure what im missing , please help!
Tempo Company's fixed budget (based on sales of 7,000 units) follows. $ 2,800,000 Fixed Budget Sales (7,000 units * $400 per unit) Costs Direct materials Direct labor Indirect materials Supervisor salary Sales commissions Shipping Administrative salaries Depreciation-office equipment Insurance Office rent Income 280,000 490,000 175,000 65,000 140,000 154,000 210,000 35,000 20,000 36 , 1,195,000 1. Compute total variable cost per unit. 2. Compute total fixed costs. 3. Prepare a flexible budget at activity levels of 6,000 units and 8,000 units. Answer is not complete. 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 6,000 units and 8,000 units. TEMPO COMPANY Flexible Budget Variable Total Fixed Amount per Cost Unit Flexible Budget for: Units Unit Sales of Sales of 6,000 8,000 $ 2.400,000 3,200,000 Sales S 400.00 Variable costs 40.00 Direct materials Direct labor Indirect materials Sales commissions Shipping OOOOO 70.00 25.00 20.00 22.00 240,000 320,000 420,000 560,000 150,000 200,000 120,000 160,000 132,000 176,000 177.00 223.00 1,062,000 1,338,000 1.416,000 1.784,000 > Contribution margin Fixed costs Supervisor salary Administration salaries Depreciation-Office equipment Insurance Office rent OOOO 65,000 210,000 35,000 20,000 36,000 65,000 210,000 35,000 20,000 36,000 65,000 210,000 35,000 20,000 36,000 Total fixed costs $ 366,000 Income $ 366,000 $ 972,000 $ 366,000 S 1,418,000 Step by Step Solution
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