Exercise 8-2 Prepering flexible budgets LO P1 15 points Tempo Company's fixed budget (based on sales of 16,000 unlts) for the first quarter of calendar year 2017 reveals the followng Sales 116,000 units) B0,000 eBook Cost of goods sold Direct m terials Direct labor Production supplies Plant manager salary 384 , 000 704,000 432, 000 184, 000 Hint Print 1,704, 000 1,784,000 Gross profit References Sales commissions Pachaging 144,000 256,000 100,000 500,000 ive expenses Adminiserative salaries Depreciation-office equiP Insurance Office rent 234,000 204,000 174,000 184, 000 796,000 $ 488,000 Income from opertions Complete the following flexible budgets for sales volumes of 14,000, 16.000, and 18,000 units. (Round cost per unit to 2 declmal places.) TEMPO COMPANY Flexible Budgets For Quarter Ended March 31, 2017 Flexible Budget at lexible Prev 10f 1ll Next Mc