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Exercise 23-3 (Static) Preparing flexible budgets LO P1 Tempo Company's fixed budget (based on sales of 7,000 units) follows. Fixed Budget Sales (7,000 units
Exercise 23-3 (Static) Preparing flexible budgets LO P1 Tempo Company's fixed budget (based on sales of 7,000 units) follows. Fixed Budget Sales (7,000 units x $400 per unit) Costs Direct materials Direct labor Indirect materials $ 2,800,000 280,000 490,000 175,000 Supervisor salary Sales commissions Shipping Administrative salaries Depreciation-Office equipment Insurance Office rent Income 65,000 140,000 154,000 210,000 35,000 20,000 36,000 1,195,000 1. Compute total variable cost per unit. 2. Compute total fixed costs. 3. Prepare a flexible budget at activity levels of 6,000 units and 8,000 units. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Compute total variable cost per unit. Total variable cost per unit Required 1 Required 2 >
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