Exercise $8-3($Algo$)$ Preparing flexible budgets LO P$1$

Tempo Company's fixed budget $($based on sales of $12,000$ units$)$ follows.

Fixed Budget

Sales $(12,000$ units x $$215$ per unit$)$

Costs

Direct materials

Direct labor

Indirect materials

Supervisor salary

Sales commissions

Shipping

Administrative salaries

Depreciation Office equipment

Insurance

Office rent

Income

$2,580,000$

$300,000$

$504,000$

$312,000$

$100,000$

$56,008$

$180,000$

$150,000$

$120,000$

$90,000$

$106,000$

$628,000$

$1.$ Compute total variable cost per unit

$2.$ Compute total fixed costs.

$3.$ Prepare a flexible budget at activity levels of $10,000$ units and $14,000$ units.Required $1$

Required $2$

Required $3$

Prepare a flexible budget at activity levels of $10,000$ units

and $14,000$ units.

Please solve all $3($requirements$)$