Tempo Company's fixed budget (based on sales of 7,000 units) follows. Fixed Budget Budgeted units selling price per unit Sales (7,000 units x $400 per unit) Costs Direct materials Direct labor $2,800,000 280,000 490,000 Indirect materials Supervisor salary 175,000 65,000 Sales commissions 140,000 Shipping 154,000 Administrative salaries 210,000 Depreciation-Office equipment 35,000 Insurance 20,000 Office rent 36,000 ncome $1,195,000 7,000 $400 Required: L. Compute total variable cost per unit. Use cells A2 to D17 from the given information to complete this question.) Total variable cost per unit 2. Compute total fixed costs. Use cells A2 to D17 from the given information to complete this question.) Total fixed costs 8. Prepare aflexible budget at activity levels of 6,000 units and 8,000 units. Unit Sales 6,000 8,000 Use cells A2 to E32, as well as cells A40 to E56 from the Flexible Budget, to complete this question.) (Use cells A2 to E32, as well as cells A40 to 56 from the Flexible Budget, to complete this question.) Sales Variable costs Total variable costs Contribution margin Fixed costs Total fixed costs Income TEMPO COMPANY Flexible Budget Flexible Budget for: Variable Amount Total Fixed per Unit Cost Units Sales of 6,000 Unit Sales of 8,000