Exercise 23-3 Preparing flexible budgets LO P1 Tempo Company's fixed budget (based on sales of 12,000 units) for the first quarter reveals the following Fixed Budget $2,544,000 $300,000 516,000 324,000 100,000 1, 240,000 1,304,000 Sales (12,000 units * $212 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 84,000 180,000 100,000 364,000 150,000 120,000 90,000 100,000 460,080 $ 480,000 (1) Compute the total variable cost per unit. (2) Compute the total fixed costs. (3) Compute the income from operations for sales volume of 10,000 units. (4) Compute the income from operations for sales volume of 14,000 units. Neyt Depreciation-office equip. Insurance Office rent Income from operations 150,000 120,000 90,000 100,000 460,000 $ 480,000 (1) Compute the total variable cost per unit. (2) Compute the total fixed costs. (3) Compute the income from operations for sales volume of 10,000 units. (4) Compute the income from operations for sales volume of 14,000 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 2 480,000 (1) Compute the total variable cost per unit. (2) Compute the total fixed costs. (3) Compute the income from operations for sales volume of 10,000 unit (4) Compute the income from operations for sales volume of 14,000 unit Complete this question by entering your answers in the tabs belo Required 1 Required 2 Required 3 Required 4 Compute the total fixed costs. Total fixed costs