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I need help with requirement #3 Tempo Company's fixed budget (based on sales of 12,000 units) folllows. Fixed Budget Sales (12,000 units $210 per unit)
I need help with requirement #3
Tempo Company's fixed budget (based on sales of 12,000 units) folllows.
| Fixed Budget | |
|---|---|
| Sales (12,000 units $210 per unit) | 2,520,000 |
| Costs | |
| Direct materials | 276,000 |
| Direct labor | 516,000 |
| Indirect materials | 324,000 |
| Supervisor salary | 76,000 |
| Sales commissions | 96,000 |
| Shipping | 192,000 |
| Administrative salaries | 126,000 |
| DepreciationOffice equipment | 96,000 |
| Insurance | 66,000 |
| Office rent | 76,000 |
| Income | 676,000 |
- Compute total variable cost per unit.
- Compute total fixed costs.
- Prepare a flexible budget at activity levels of 10,000 units and 14,000 units.
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Principles Of Auditing And Other Assurance Services
Authors: Ray Whittington, Kurt Pany
22nd Edition
126059808X, 978-1260598087
