Exercise 21-2 Preparing flexible budgets LO P1 Tempo Company's fixed budget (based on sales of 16,000 units) for the first quarter of calendar ye Fixed Budget Sales (16,008 units) Cost of goods sold 53,488,000 Direct materials Direct labor Production supplies Plant manager salary $368,800 672,000 432,000 168,0001.640,000 Gross profit Selling expenses 1,848,8ee Sales commissions Packaging 128,000 256,800 100,000 Advertising 484,809 Administrative expenses Administrative salaries Depreciation-office equip. Insurance Office rent 218,800 188,800 158,000 168,000 32.600 S 632,e0e Income from operations Complete the following flexible budgets for sales volumes of 14,000, 16,000, and 18,000 units. (Round places.) Flexible Budgets For Quarter Ended March 31, 2017 Flexible Budget Variable Total Fixed 14,000 units 16,000 units -Flexible Budget at Amount per units units Cost Unit Variable costs Prev 1 e here to search Complete the following flexible budgets for sales volumes of 14,000,16,000, and 18,000 units. (Round places.) TEMPO COMPANY Flexible Budgets For Quarter Ended March 31, 2017 ..Flexible Budget Variable Total Fixed units -Flexible Budget at Cost 14,000 units 16,000 units 18,000 units Unit Variable costs Fixed costs Prey 1 of 2 e here to