Tempo Company's fixed budget (based on sales of 7,000 units) for the first quarter of calendar year 2017 reveals the following. Prepare flexible budgets following the format of Exhibit 23.3 that show variable costs per unit, fixed costs, and three different flexible budgets for sales volumes of 6,000, 7,000, and 8,000 units.

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Fbxed Budget $2,800,000 Sales (7,000 units) Cost of goods sold Production supples Gross profit Selling expenses 1,790,000 Sales commissions 25,000 419,000 Adminlstratlve expenses Administrative salarles Ikgarty bilkHE 42ill?! CtJU1μ Insurance .ti,000 2,000 36,000 176,000