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Tempo Company's fixed budget (based on sales of 14,000 units) for the first quarter of calendar year 2015 reveals the following ixed Budget $2.800,000 Sales
Tempo Company's fixed budget (based on sales of 14,000 units) for the first quarter of calendar year 2015 reveals the following ixed Budget $2.800,000 Sales (14,000 units) Cost of goods sold 5 336,000 Direct materials Direct labor Production supplies Plant manager salary 602,000 378,000 136,0001.452.000 1,348.000 Gross profit Selling expenses Sales commissions Packaging Advertising 112.000 196,000 100,000 408,000 Administrative expenses Administrative salaries Depreciation-office equip Insurance Office rent 186.000 156,000 126,000 136.000 604.000 income from operations S 336.000
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