Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Tempo Company's fixed budget (based on sales of 16,000 units) folllows. 3,472,000 Fixed Budget Sales (16,000 units * $217 per unit) Costs Direct materials Direct
Tempo Company's fixed budget (based on sales of 16,000 units) folllows. 3,472,000 Fixed Budget Sales (16,000 units * $217 per unit) Costs Direct materials Direct labor Indirect materials Supervisor salary Sales commissions Shipping Administrative salaries Depreciation-office equipment Insurance Office rent Income 400,000 672,000 432,000 200,000 112,000 256,000 250,000 220,000 190,000 200,000 540,000 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 Tempo Company's fixed budget (based on sales of 16,000 units) folllows. 3, 472,000 Fixed Budget Sales (16,000 units * $217 per unit) Costs Direct materials Direct labor Indirect materials Supervisor salary Sales commissions Shipping Administrative salaries Depreciation-office equipment Insurance office rent Income 400,000 672,000 432,000 200,000 112,000 256,000 250,000 220,000 190,000 200,000 540,000 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 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 Variable Amount Total Fixed Cost Flexible Budget for: Units Sales Unit Sales of of 14,000 18,000 per Unit Sales Variable costs Direct materials Direct labor Shipping Sales commissions 0.00 0 0 Fixed costs Supervisor salary Administration salaries Depreciation-Office equipment Insurance Office rent S 0 $ 0 $ 0
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access with AI-Powered Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started