Tempo Company's fixed budget (based on sales of 18,000 units) for the first quarter of calendar year 2017 reveals the following, Fixed Budget $3,834,000 $432, eee 774,000 486, 232,000 1,924,00 1,910,000 Sales (18,000 units) 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, ede 270,000 100,000 514,000 282,000 252,080 222,000 232,000 988.000 $ 408,000 Complete the following flexible budgets for sales volumes of 16,000, 18,000, and 20,000 units. (Round cost per unit to 2 decimal places.) TEMPO COMPANY Flexible Budgets For Outer Ended March 31, 2017 Flexible Budget Flexible Budget al Variable Amount per Total Fixed Cost 16.000 units 18.000 units Unit $ 240.00 20.000 Sales Variable costs Direct materials Direct labor Production supplies Sales commissions Packaging 0.00 0 Total variable costs Contribution margin Fixed costs Plant manager salary Advertising Administrative salaries Depreciation - Office equip. Insurance Oficerent 232.000 100,000 282,000 252.000 222.000 232.000 232,000 100 000 282 000 252.000 222,000 232.000 232.000 100 000 282,000 252.000 222.000 232.000 232,000 100.000 282.000 252,000 222.000 232 000 Sotal fixed costs Income from operations 1,320,000 1.320.000 1.320.000 1 320,000