Question
Tempo Company's fixed budget (based on sales of 10,000 units) folllows. Fixed Budget Sales (10,000 units x $202 per unit) Costs Direct materials Direct
Tempo Company's fixed budget (based on sales of 10,000 units) folllows. Fixed Budget Sales (10,000 units x $202 per unit) Costs Direct materials Direct labor Indirect materials 2,020,000 250,000 430,000 270,000 Supervisor salary 50,000 Sales commissions 90,000 Shipping 150,000 Administrative salaries 100,000 Depreciation-Office equipment 70,000 Insurance 40,000 Office rent 50,000 Income 520,000 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. 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.
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Fundamental Accounting Principles
Authors: John Wild, Ken Shaw, Barbara Chiappett
23rd edition
1259536351, 978-1259536359
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