Part 1

Part 2

Part 3

Exercise 8-3 (Algo) Preparing flexible budgets LO P1 Tempo Company's fixed budget (based on sales of 14,000 units) folllows. 2,968,000 Fixed Budget Sales (14,000 units X $212 per unit) Costs Direct materials Direct labor Indirect materials Supervisor salary Sales commissions Shipping Administrative salaries Depreciation-office equipment Insurance Office rent Income 336,000 588,000 378,000 136,000 126,000 210,000 186,000 156,000 126,000 136,080 590,000 1. Compute total variable cost per unit 2. Compute total fixed costs. 3. Prepare a flexible budget at activity levels of 12,000 units and 16,000 units. es Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Compute total variable cost per unit. Total variable cost per unit Required 2 > Exercise 8-3 (Algo) Preparing flexible budgets LO P1 Tempo Company's fixed budget (based on sales of 14,000 units) folllows. 2,968,000 Fixed Budget Sales (14,608 units * $212 per unit) Costs Direct materials Direct labor Indirect materials Supervisor salary Sales commissions Shipping Administrative salaries Depreciation-office equipment Insurance Office rent Income 336 , 588,000 378,000 136,080 126,000 210,000 186,000 156,000 126,000 136,000 590,000 1. Compute total variable cost per unit. 2. Compute total fixed costs. 3. Prepare a flexible budget at activity levels of 12,000 units and 16,000 units. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Compute total fixed costs. Total fixed costs Required 1 Required 2 Required 3 Prepare a flexible budget at activity levels of 12,000 units and 16,000 units. TEMPO COMPANY Flexible Budget Flexible Budget for: Variable Amount Total Fixed Units Sales Unit Sales of Cost of 12,000 16,000 per Unit Sales Variable costs Direct labor Direct materials Indirect materials Sales commissions Total variable costs 0.00 Fixed costs Administration salaries Depreciation Office equipment Insurance Office rent Supervisor salary 0 $ 0 $ 0 Total fixed costs income