Tempo Company's fixed budget (based on sales of 14 000 units) for the first quarter reveals the following 5.25 DO 52.056,000 $336,000 568.000 564,000 136,000 00 3.024 1,400 Sales (18,600 3201 per unit) Cost of goods sold Direct materials Direct labor Production supplies Piantane salary Gross profit Selling expenses Sales commissions Pain Advertising inistrative expenses Administrative salaries Dereciation office equip Insurance Officerent Income from operations 112,000 195.000 100,000 . 166,000 156,000 126,000 16.00 604,000 (1) Compute the total variable cost per unit (2) Compute the total fixed costs (3) Compute the income from operations for sales volume of 12,000 units (4) Compute the income from operations for sales volume of 16,000 units Exercise 21-5 Preparing a flexible budget performance report LO P1 Bay City Company's fixed budget performance report for July follows. The $513.000 budgeted total expenses include $350,000 variable expenses and $163,000 fixed expenses. Actual expenses include $153 000 fixed expenses Fixed Budget Variances 7.000 Sales (in units) Sales (in dollars) Total expenses Income from operations Actual Results 5,900 5525,100 480.000 $ 45,300 $560.000 513,000 $ 47,000 $34,9900 BO $ 1.900 Prepare a flexible budget performance report that shows any variances between budgeted results and actual results List fixed and variable expenses separately. (Indicate the effect of each variance by selecting for favorable, unfavorable, and no variance. Do not round your intermediate calculations. Round your final answers to whole dollars.)