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Tempo Company's fixed budget (based on sales of 10,000 units) for the first quarter reveals the following. Sales (10,000 units x $220 per unit)
Tempo Company's fixed budget (based on sales of 10,000 units) for the first quarter reveals the following. Sales (10,000 units x $220 per unit) Cost of goods sold Direct materials Direct labor Production supplies Plant manager salary Gross profit Selling expenses Sales commissions Fixed Budget $2,200,000 $230,000 440,000 280,000 30,000 980,000 1,220,000 80,000 140,000 Advertising 100,000 320,000 Administrative expenses Administrative salaries 80,000 Depreciation-office equip. 50,000 Insurance 20,000 Office rent 30,000 180,000 Income from operations $ 720,000 Packaging (1) Compute the total variable cost per unit. (2) Compute the total fixed costs. (3) Compute the income from operations for sales volume of 8,000 units. (4) Compute the income from operations for sales volume of 12,000 units. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4
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