Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Tempo Company's fixed budget (based on sales of 18, 0 units) for the first quarter reveals the following. (1) Compute the total variable cost per

Tempo Company's fixed budget (based on sales of 18, 0 units) for the first quarter reveals the following.
(1) Compute the total variable cost per unit. (2) Compute the total fixed costs . (3) Compute the income from operations for sales volume of 16,000 units. (4) Compute the income from operations for sales volume of 20,000 units
image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
Tempo Company's fixed budget (based on sales of 18,000 units) for the first quarter reveals the following. Fixed Budget $3,690,000 $432,000 792,000 486,000 232,000 1,942,000 1,748,000 Sales (18,000 units x $205 per unit) Cost of goods sold Direct materials Direct labor Production supplies Plant manager salary Gross profit Selling expenses Sales commissions Packaging Advertising Administrative expenses Administrative salaries Depreciation office equip. Insurance Office rent Income from operations 144,000 100,000 514,000 282,000 252,000 222,000 232,000 988,000 246,000 $ (1) Compute the total variable cost per unit. (2) Compute the total fixed costs. (3) Compute the income from operations for sales volume of 16,000 units. (4) Compute the income from operations for sales volume of 20,000 units. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Compute the total variable cost per unit. Variable cost per unit Required 2 > Tempo Company's fixed budget (based on sales of 18,000 units) for the first quarter reveals the following. Pixed Budget $3,690,000 $432,000 792,000 486,000 232,000 T! 1,942,000 1,748,000 Sales (18,000 units * $205 per unit) Cost of goods sold Direct materials Direct labor Production supplies Plant manager salary Gross profit Selling expenses Sales commissions Packaging Advertising Administrative expenses Administrative salaries Depreciation-office equip. Insurance Office rent Income from operations 144,000 270,000 100,000 514,000 282,000 252,000 222,000 232,000 $ 988,000 246,000 (1) Compute the total variable cost per unit. (2) Compute the total fixed costs. (3) Compute the income from operations for sales volume of 16,000 units. (4) Compute the income from operations for sales volume of 20,000 units. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Compute the total fixed costs. Total fixed costs > Tempo Company's fixed budget (based on sales of 18,000 units) for the first quarter reveals the following. Fixed Budget $3,690,000 $432,000 792,000 486,000 232,000 1,942,000 1,748,000 Sales (18,000 units * $205 per unit) Cost of goods sold Direct materials Direct labor Production supplies Plant manager salary Gross profit Selling expenses Sales commissions Packaging Advertising Administrative expenses Administrative salaries Depreciation-office equip. Insurance office rent Income from operations 144,000 270,000 100,000 514,000 282,000 252,000 222,000 232,000 988,000 S246.000 (1) Compute the total variable cost per unit. (2) Compute the total fixed costs. (3) Compute the income from operations for sales volume of 16,000 units. (4) Compute the income from operations for sales volume of 20,000 units. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Compute the income from operations for sales volume of 16,000 units, Income from operations at sales of 16,000 units Tempo Company's fixed budget (based on sales of 18,000 units) for the first quarter reveals the following. Fixed Budget $3,690,000 $432,000 92,000 486,000 232,000 2 1,942,000 1,748,000 Sales (18,000 units X $205 per unit) Cost of goods sold Direct materials Direct labor 7 Production supplies Plant manager salary Gross profit Selling expenses Sales commissions Packaging Advertising Administrative expenses Administrative salaries Depreciation office equip. Insurance office rent Income from operations 144,000 270,000 100,000 514,000 282,000 252,000 222,000 232,000 988,000 246,000 $ (1) Compute the total variable cost per unit. (2) Compute the total fixed costs. (3) Compute the income from operations for sales volume of 16,000 units. (4) Compute the income from operations for sales volume of 20,000 units. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Compute the income from operations for sales volume of 20,000 units. Income from operations at sales of 20,000 units

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Students also viewed these Accounting questions

Question

How flying airoplane?

Answered: 1 week ago