Check my work Exercise 08-3 Preparing flexible budgets LO P1 Tempo Company's fixed budget (based on sales of 10,000 units) for the first quarter reveals the following. Fixed Budget $2,130,000 $250,000 420,000 270,000 30,000 950,000 1,180,000 Sales (10,000 units * $213 per unit) Cost of goods sold Direct materials Direct labor Production supplies Plant manager salary Gross profit Selling expenses Sales commissions Packaging Advertising Administrative expenses Administrative salaries Depreciation-office equip. Insurance Office rent Income from operations 80,000 150,000 00,000 330,000 80,000 50,000 20,000 30,000 180,000 670,000 $ (1) Compute the total variable cost per unit. (2) Compute the total fixed costs. (3) Compute the income from operations for sales volume of 8,000 units. (4) Compute the income from operations for sales volume of 12,000 units. (1) Compute the total variable cost per unit. (2) Compute the total fixed costs. (3) Compute the income from operations for sales volume of 8,000 units. (4) Compute the income from operations for sales volume of 12,000 units. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Compute the income from operations for sales volume of 8,000 units, Income from operations at sales of 8,000 units $ 302,000 Administrative salaries Depreciation-office equip. Insurance Office rent Income from operations 80,000 50,000 20,000 30,000 180,000 670,000 $ (1) Compute the total variable cost per unit. (2) Compute the total fixed costs. (3) Compute the income from operations for sales volume of 8,000 units. (4) Compute the income from operations for sales volume of 12,000 units. Complete this question by entering your answers in the tabs below. 5 Required 1 Required 2 Required 3 Required 4 Compute the income from operations for sales volume of 12,000 units. Income from operations at sales of 12,000 units