Exercise 8-3 (Algo) Preparing flexible budgets LO P1 Tempo Company's fixed budget (based on sales of 16,000 units) follows. Fixed Budget Sales (16,000 units $213 per unit) Costs Direct materials Direct labor Indirect materials 3,408,000 384,000 784,000 448,000 Supervisor salary 184,000 Sales commissions 128,000 Shipping 240,000 Administrative salaries 234,000 Depreciation-Office equipment 284,000 Insurance 174,000 Office rent 184,000 Income 524,000 1. Compute total variable cost per unit 2. Compute total fixed costs. 3. Prepare a flexible budget at activity levels of 14,000 units and 18,000 units. Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Prepare a flexible budget at activity levels of 14,000 units and 18,000 units. TEMPO COMPANY Flexible Budget Flexible Budge Variable Amount per Units Total Fixed Sales of Sa Cost Unit 14,000 11 S 213.00 2.982.000 3.8 Sales Variable costs Direct materials C 24.00 330.000 42 Direct labor 44.00- 610,000 76 Indirect materials 20.00 302.000 50 Sales commissions 8.00- 112,000 14 Shipping 15.00 210,000 27L Total variable costs 119.00 1.000.000 2.142