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Tempo Company's fixed budget (based on sales of 7,000 units) for the first quarter reveals the following. Fixed Budget $2,800,000 $ 280,000 490,000 175,000 65,000
Tempo Company's fixed budget (based on sales of 7,000 units) for the first quarter reveals the following. Fixed Budget $2,800,000 $ 280,000 490,000 175,000 65,000 1,010,000 1,790,000 Sales (7,000 units * $ 400 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 140,000 154,000 125,000 419,000 85,000 35,000 20,000 36,000 176,000 $1,195,000 (1) Compute the total variable cost per unit. (2) Compute the total fixed costs. (3) Compute the income from operations for sales volume of 6,000 units. (4) Compute the income from operations for sales volume of 8,000 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 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 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 6,000 units. Income from operations at sales of 6,000 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 8,000 units. Income from operations at sales of 8,000 units
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