Exercise 21-3 (Algo) Preparing flexible budgets LO P1 Tempo Company's fixed budget (based on sales of 12,000 units) folllows. Fixed Budget Direct labor Sales (12,000 units x $207 per unit) Costs Direct materials Indirect materials 2,484,000 288,000 516,000 324,000 Supervisor salary 88,000 Sales commissions 108,000 Shipping 180,000 Administrative salaries 138,000 Depreciation-office equipment 108,000 Insurance 78,000 Office rent 88,000 Income 568,000 Prepare a flexible budget at activity levels of 10,000 units and 14,000 units. TEMPO COMPANY Variable costs Fixed costs Flexible Budget Variable Amount per Unit Total Fixed Cost Flexible Budget for: Units Sales Unit Sales of of 10,000 14,000 0.00 0 $ 0 $ 0 $ 0