Exercise $21-3($Algo$)$ Preparing flexible budgets LO P$1$

Tempo Company's fixed budget $($based on sales of $14,000$ units$)$ follows.

$\backslash$table$[[$Fixed Budget,$],[$Sales units $$$$207$ per unit$),2,898,000$

Lamonte Company reports the following budgeted December $31$ adjusted trial balance.

$\backslash$table$[[$Cash$,$Debit,Credit$],[$Accounts receivable,$$54,000,],[$Merchandise inventory,$124,000,],[$Equipment$,68,000,],[$Accumulated depreciation$-$Equipment,$129,000,],[$Accounts payable,,$$29,000$