Prepare a flexible budget at activity levels of 12,000 units and 16,000 units. TEMPO COMPANY Flexible Budget Variable Total Fixed Amount per Cost Unit Flexible Budget for: Units Unit Sales of Sales of 12,000 16,000 $ $ 2,460,000 3,280,000 Sales $ 205.00 $ 0.00 Variable costs Direct labor 44.00 25.00 Direct materials Indirect materials 27.00 Sales commissions 7.00 Shipping 15.00 Total variable costs 118.00 0 0 Contribution margin Fixed costs Administration salaries DepreciationOffice equipment Insurance olololo Office rent Supervisor salary Total fixed costs $ 0 $ 0 $ 0 Income Tempo Company's fixed budget (based on sales of 14,000 units) folllows. 2,870,000 Fixed Budget Sales (14,000 units $205 per unit) Costs Direct materials Direct labor Indirect materials Supervisor salary Sales commissions Shipping Administrative salaries Depreciation-office equipment Insurance Office rent Income 350,000 616,000 378,000 150,000 98,000 210,000 200,000 170,000 140,000 150,000 408,000 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