Tempo Company's fixed budget (based on sales of 18,000 units) folllows. 1. Compute total variable cost per unit. 2. Compute total fixed costs. 3. Prepare a flexible budget at activity levels of 16,000 units and 20,000 units. Complete this question by entering your answers in the tabs below. Prepare a flexible budget at activity levels of 16,000 units and 20,000 units. Chapter 8 Homework (i) Saved Help Save \& Exit Subr Check my work 0.57 points References Print Rint B. \begin{tabular}{|c|c|c|c|c|} \hline \multicolumn{5}{|c|}{ TEMPO COMPANY } \\ \hline & \multicolumn{2}{|c|}{ Flexible Budget } & \multicolumn{2}{|c|}{ Flexible Budget for: } \\ \hline & \begin{tabular}{c} Variable Amount \\ per Unit \end{tabular} & \begin{tabular}{l} Total Fixed \\ Cost \\ \end{tabular} & \begin{tabular}{c} Units Sales \\ of 16,000 \end{tabular} & \begin{tabular}{l} Unit Sales of \\ 20,000 \\ \end{tabular} \\ \hline Sales & 219.00 & & & \\ \hline \multicolumn{5}{|l|}{\begin{tabular}{l} Variable costs \\ Direct materials \end{tabular}} \\ \hline Direct materials & 25.00 & & & \\ \hline Direct labor & 44.00 & & & \\ \hline Indirect materials & 26.00 & & & \\ \hline & & & & \\ \hline Shipping & 15.00 & & & \\ \hline & & & & \\ \hline Total variable costs & 110.00 & & 0 & 0 \\ \hline \multicolumn{5}{|l|}{\begin{tabular}{|l|} Contribution margin \\ Fixed costs \end{tabular}} \\ \hline \multicolumn{5}{|l|}{\begin{tabular}{l} Fixed costs \\ Supervisor salary \end{tabular}} \\ \hline \multicolumn{5}{|c|}{\begin{tabular}{l} Supervisor salary \\ Administration salaries \end{tabular}} \\ \hline \multicolumn{5}{|c|}{\begin{tabular}{l} Administration salaries \\ Depreciation-Office equipment \end{tabular}} \\ \hline \multicolumn{5}{|c|}{\begin{tabular}{l} Depreciation-Office equipment \\ Insurance \end{tabular}} \\ \hline \multicolumn{5}{|l|}{\begin{tabular}{l} Insurance \\ Office rent \end{tabular}} \\ \hline \multicolumn{5}{|l|}{ Office rent } \\ \hline \multirow{2}{*}{\multicolumn{5}{|c|}{ Total fixed costs }} \\ \hline & & 0 & $ & 0 \\ \hline Income & & & & \\ \hline \end{tabular} Required 2 Required 3