Exercise 21-3 Preparing flexible budgets LO P1 Tempo Company's fixed budget (based on sales of 18.000 units) for the first quarter reveals the following Fixed Budget $3,780,000 $432,000 792.869 486,000 232,000 1,942,000 1,838,800 Sales (18,000 units * $210 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 144,000 270,000 100,000 514, 800 282,000 252.000 222,000 232,000 988,000 336,000 $ (1) Compute the total variable cost per unit. (2) Compute the total fixed costs. (3) Compute the income from operations for sales volume of 16,000 units (4) Compute the income from operations for sales volume of 20,000 units Variable cost per unit Total fixed costs Compute the income from operations for sales volume of 16,000 units. Income from operations at sales of 16,000 units Compute the income from operations for sales volume of 20,000 units. Income from operations at sales of 20,000 units