Exercise 21-3 Preparing flexible budgets LO P1 Tempo Company's fixed budget (based on sales of 14.000 units) for the first quarter reveals the following Fixed Budget Sales (14,000 units * $204 per unit) $2,856,000 Cost of goods sold Direct materials $336,000 Direct labor 602,000 Production supplies 378,000 Plant manager salary 136.000 1,452,200 Gross profit 1,404,000 Selling expenses Sales commissions 112,000 Packaging 196,000 Advertising 100,000 408,000 Administrative expenses Administrative salaries 186,000 Depreciation office equip. 156,000 Insurance 126,000 Office rent 136,000 604,000 Income from operations $ 392,000 1) Compute the total variable cost per unit. 2) Compute the total fixed costs. 3) Compute the income from operations for sales volume of 12,000 units. 4) Compute the income from operations for sales volume of 16,000 units. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Compute the total variable cost per unit. Variable cost per unit Required 1 Required 2 Requir Compute the total fixed costs. Total fixed costs Compute the income from operations for s Income from operations at sales of 12,000 units Required 1 Required 2 Requ Required 3 Compute the income from operations for sales v Income from operations at sales of 16,000 units