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Tempo Company's fixed budget (based on sales of 16,000 units) folllows. Fixed Budget Sales (16,000 units x $217 per unit) 3,472,000 Costs Direct materials
Tempo Company's fixed budget (based on sales of 16,000 units) folllows. Fixed Budget Sales (16,000 units x $217 per unit) 3,472,000 Costs Direct materials Direct labor Indirect materials 384,000 704,000 432,000 184,000 144,000 Supervisor salary Sales commissions Shipping Administrative salaries Depreciation-Office equipment 240,000 234,000 204,000 174,000 Insurance Office rent 184,000 Income 588,000 1. Compute total variable cost per unit. 2. Compute total fixed costs. 3. Prepare a flexible budget at activity levels of 14,000 units and 18,000 units. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Compute total variable cost per unit. Total variable cost per unit Required 1 Requirdd 2 Required 3 Compute total fixed costs. Total fixed costs Required 1 Required 2 Required 3 Prepare a flexible budget at activity levels of 14,000 units and 18,000 units. TEMPO COMPANY Flexible Budget Flexible Budget for: Variable Amount Total Fixed Units Sales Unit Sales of per Unit Cost of 14,000 18,000 Variable costs 0.00 Fixed costs
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Insurance Requirement 1 Variable costs per unit 384000 704000 432000 Direct materials 16000 2400 Dir...Get Instant Access to Expert-Tailored Solutions
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