it View History Bookmarks Window Help to education.ca M Question 8 Homework Exercise 8-3 (Algo) Preparing flexible budgets LO P1 Tempo Company's food budget (based on sales of 12,000 units) follows Fixed Budget Sales (12,000 units * $200 per unit) 2,496,000 Costs Direct materials 300,000 Direct labor 516,000 Indirect materials 336,000 Supervisor salary 100,000 Sales comissions 188.000 Shipping Adsinistrative salaries 150,000 Depreciation office equipment 120,000 Insurance 90,000 office rent 100,000 Income 484.000 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 Complete this question by entering your answers in the tabs below. Required Required Required Compute total variable cost per unit Required 1 Required 2 Required 3 Compute total fixed costs. Total fixed costs $ 500,000 TEMPO COMPANY Flexible Budget Variable Amount Total Fixed per Unit Cost $ 208.00 Flexible Budget for: Units Sales Unit Sales of 10,000 of 14,000 $2,000,000 $2,912,000 Sales 24.00 Variable costs Direct materials Direct labor Indirect materials Sales commissions Shipping 43.00 28.00 240,000 430,000 280,000 70,000 140,000 336,000 602,000 392,000 98,000 196,000 7.00 14.00 116.00 92.00 1.160,000 920,000 1,624,000 1,288,000 $ Total variable costs Contribution margin Fixed costs Supervisor salary Administration salaries Depreciation-Office equipment Insurance Office rent 184,000 234,000 204,000 174,00014 184,000 88,000 138,000 108,000 78,000 88,000 88,000 138,000 108,000 78,000 88,000 $ Total fixed costs Income 980,000 $ 500,000 $ 500,000 $ 420,000 $ 700,000