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can you help me fill out the yellow parts Tempo Company's fixed budget (based on sales of 7,000 units) follows. begin{tabular}{|l|r|} hline multicolumn{1}{|c|}{ Fixed Budget
can you help me fill out the yellow parts
Tempo Company's fixed budget (based on sales of 7,000 units) follows. \begin{tabular}{|l|r|} \hline \multicolumn{1}{|c|}{ Fixed Budget } \\ \hline Sales (7,000 units $400 per unit) & $2,800,000 \\ \hline Costs & \\ \hline Direct materials & 280,000 \\ \hline Direct labor & 490,000 \\ \hline Indirect materials & 175,000 \\ \hline Supervisor salary & 65,000 \\ \hline Sales commissions & 140,000 \\ \hline Shipping & 154,000 \\ \hline Administrative salaries & 210,000 \\ \hline Depreciation-Office equipment & 35,000 \\ \hline Insurance & 20,000 \\ \hline Office rent & 36,000 \\ \hline Income & $1,195,000 \\ \hline \end{tabular} Required: 1. Compute total variable cost per unit. (Use cells A2 to D17 from the given information to complete this question.) Total variable cost per unit 2. Compute total fixed costs. (Use cells A2 to D17 from the given information to complete this question.) Total fixed costs \begin{tabular}{|r|r|} \hline Budgeted units & Budgeted selling price per unit \\ \hline 7,000 & $400 \\ \hline \end{tabular} \begin{tabular}{|l|l|l|l|l|} \hline & \multicolumn{3}{c|}{ TEMPO COMPANY } \\ & Flexible Budget \\ & Variable Amount \\ per Unit \end{tabular}Step by Step Solution
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