Ch 08 Ex 8-2 Conver ACCOUNTING Ch 08 Ex 8-2 CRN 10772 Question 1 (of 1 value: 15.00 points Exercise 8-2 Preparation of flexible budgets LO P1 Tempo Company's fixed budget (based on sales of 18,000 units) for the first quarter of calendar year 2015 reveals the following Fixed Budget Sales (18,000 units) Cost of goods sold $3,854,000 Direct materials Direct labor Production supplies Plant manager salary $414,000 792,000 468,000 214,000 1,888,000 Gross profit Selling expenses 1,766,000 commissions 162,000 288,000 100,000 Advertising 550,000 Depreciation-office equip. Insurance Office rent 264,000 234,000 204,000 214,000 916,000 Income from operations $ 300,000 Complete the following lexible budgets for sales volumes of 16,000, 18,000, and 20,000 units. (Round cost per unit to 2 decimal places.)