Please complete both correctly and I will give good rating

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0 Required Information [The following information applies to the questions displayed below. The fixed budget for 21,100 units of production shows sales of $590,800; variable costs of $63,300; and fixed costs of $140,000 The company's actual sales were 26,600 units at $697,800. Actual variable costs were $113,800 and actual fixed costs were $134,000. Prepare a flexible budget performance report. Indicate whether each variance is favorable or unfavorable. (Indicate the effect of each variance by selecting favorable, unfavorable, or no variance.) Answer is not complete. Sales Variable costs Contribution margin Fixed costs Income Flexible Budget Performance Report Flexible Actual Favorable Budget Variances Resulta Unfavorable $ 650,800 $ 697,800 $ 47,000 Unfavorable 113,800 Unfavorable 650,000 584,000 Unfavorable 140,000 Favorable $ 510,800 $ 584,000 Unfavorable OOOO Tempo Company's fixed budget (based on sales of 10,000 units) folllows. Fixed Budget Sales (10,000 units * $210 per unit) Costs Direct materials Direct labor Indirect materials Supervisor salary Sales commissions Shipping Administrative salaries Depreciation-office equipment Insurance Office rent Income 2,100,000 240,000 430,000 270,000 40,000 90,000 160,000 90,000 60,000 30,000 40,000 650,000 1. Compute total variable cost per unit. 2. Compute total fixed costs. 3. Prepare a flexible budget at activity levels of 8,000 units and 12,000 units. Answer is not complete. 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 8,000 units and 12,000 units. TEMPO COMPANY Flexible Budget Flexible Budget for: Required 1 Required 2 Required 3 Prepare a flexible budget at activity levels of 8,000 units and 12,000 units. TEMPO COMPANY Flexible Budget Variable Amount per Total Fixed Cost Unit 210.00 Flexible Budget for: Units Unit Sales of Sales of 8,000 12,000 1,680,000 2,520,000 Sales Variable costs 24.00 Direct materials Direct labor Indirect materials Sales commissions Shipping 43.00 27.00 9.00 16.00 192,000 288,000 352,000 528,000 216,000 324,000 72,000 108,000 120,000 180,000 x 952,000 1.428,000 119.00 91.00 Total variable costs Contribution margin Fixed costs Supervisor salary Administration salaries Depreciation - Office equipment Insurance Office rent 0 $ 0 $ 0 Total fixed costs Income O20 SH! Next >