Exercise 8-2 Preparing flexible budgets LO P1 Tempo Company's fixed budget (based on sales of 16,000 units) for uie first quarter of calendar year 2017 reveals the following 15 points Fixed Budget $3,408,000 Sales (16,000 units) Cost of goods sold eBook $384,000 672,000 432,000 184,000 Direct materials Direct labor Production supplies Plant manager salary Hint 1,672,000 1,736,000 Ask Gross profit Selling expenses Print 128,000 240, 000 100,000 Sales commissions Packaging Advertising References 68,000 Administrative expenses 234,000 204, 000 174,000 184,000 Administrative salaries Depreciation-office equip. Insurance office rent 796,000 $ 472,000 Income from operations Complete the following flexible budgets for sales volumes of 14,000, 16,000, and 18,000 units (Round cost per unit to 2 decimal places.) Next Prey1 of 1 Mc Graw Complete the following flexible budgets for sales volumes of 14,000 16.000.and 18.000 units. Round cost per unit to 2 places.) COMPAN Flexible Budgets 15 points For Quarter Ended March 31 Flexible Budget at Flexible Budget eBook Variable Amount per r Total Fixed 14.000 units 16,000 units 18,000 units Cost Hint Ask Variable costs Print References Fixed costs Next 1 of 1 Brev Mc Graw O Type here to search 15 points eBook Hint Fixed costs Ask Print References Mc Graw Hill Education Prev : 1of 1 Next O Type here to search