Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Please make sure to answer all three parts. Please and thank you! Tempo Company's fixed budget (based on sales of 12,000 units) folllows. 2,472,000 Fixed
Please make sure to answer all three parts. Please and thank you!
Tempo Company's fixed budget (based on sales of 12,000 units) folllows. 2,472,000 Fixed Budget Sales (12,000 units * $206 per unit) Costs Direct materials Direct labor Indirect materials Supervisor salary Sales commissions Shipping Administrative salaries Depreciation office equipment Insurance Office rent Income 300,000 504,000 324,000 100,000 108,000 180,000 150,000 120,000 90,000 100,000 496,000 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 1 Required 2 Required 3 Compute total variable cost per unit. Total variable cost per unit Tempo Company's fixed budget (based on sales of 12,000 units) folllows. 2,472,000 Fixed Budget Sales (12,000 units X $206 per unit) Costs Direct materials Direct labor Indirect materials Supervisor salary Sales commissions Shipping Administrative salaries Depreciation office equipment Insurance Office rent 300,000 504,000 324,000 100,000 108,000 180,000 150,000 120,000 90,000 100,000 496,000 Income 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 1 Required 2 Required 3 Compute total fixed costs. Total fixed costs Tempo Company's fixed budget (based on sales of 12,000 units) folllows. Fixed Budget Sales (12,000 units x $206 per unit) 2,472,000 Costs Direct materials 300,000 Direct labor 504,000 Indirect materials 324,000 Supervisor salary 100,000 Sales commissions 108,000 Shipping 180,000 Administrative salaries 150,000 Depreciation office equipment 120,000 Insurance 90,000 Office rent 100,000 Income 496,000 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 1 Required 2 Required 3 Prepare a flexible budget at activity levels of 10,000 units and 14,000 units. . TEMPO COMPANY Flexible Budget Flexible Budget for: Variable Amount Total Fixed Units Sales Unit Sales Cost of 10,000 of 14,000 per Unit Variable costs Fixed costsStep by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started