Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

can someone please answer this correctly. thank you Tempo Company's fixed budget (based on sales of 14,000 units) folllows. Fixed Budget Sales (14,000 units *

can someone please answer this correctly. thank you
image text in transcribed
image text in transcribed
Tempo Company's fixed budget (based on sales of 14,000 units) folllows. Fixed Budget Sales (14,000 units * $210 per unit) 2,940,000 Costs Direct materials 336,000 Direct labor 602,000 Indirect materials 378,000 Supervisor salary 136,000 Sales commissions 112,000 Shipping 196,000 Administrative salaries 186,000 Depreciation-office equipment 156,000 Insurance 126,000 Office rent 136,000 Income 576,000 1. Compute total variable cost per unit. 2. Compute total fixed costs. 3. Prepare a flexible budget at activity levels of 12,000 units and 16,000 units. Prepare a flexible budget at activity levels of 12,000 units and 16,000 units. TEMPO COMPANY Flexible Budget Variable Amount Total Fixed Cost Flexible Budget for: Units Sales Unit Sales of 12,000 of 16,000 per Unit Variable costs 0.00 0 Fixed costs s $ 0 $ 0 $ 0

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Accounting What the Numbers Mean

Authors: David H. Marshall, Wayne W. McManus, Daniel F. Viele,

9th Edition

978-0-07-76261, 0-07-762611-7, 9780078025297, 978-0073527062

More Books

Students also viewed these Accounting questions

Question

Perform the indicated operations. -4(9) (-2) -3

Answered: 1 week ago