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Chapter 21 Homework i Saved You received partial credit in the previous attempt. 00 8 Exercise 21-3 (Algo) Preparing flexible budgets LO P1 1.25 points 04:49:00 Tempo Company's fixed budget (based on sales of 12,000 units) folllows. Fixed Budget eBook + Hint Ask Print Sales (12,000 units x $216 per unit) Costs Direct materials Direct labor Indirect materials Supervisor salary Sales commissions Shipping Administrative salaries. Depreciation-Office equipment Insurance Office rent Income 1. Compute total variable cost per unit. 2. Compute total fixed costs. 2,592,000 288,000 528,000 336,000 88,000 84,000 192,000 138,000 108,000 78,000 88,000 664,000 3. Prepare a flexible budget at activity levels of 10,000 units and 14,000 units. 5 References Mc Graw Hill Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Prepare flexible budget at activity levels of 10,000 units and 14,000 units. Sales Variable costs Direct materials Direct labor Indirect materials Sales commissions Shipping Total variable costs Contribution margin Fixed costs Supervisor salary Administration salaries Depreciation-Office equipment Insurance Office rent Total fixed costs Income TEMPO COMPANY Flexible Budget Variable Amount per Unit Total Fixed Cost $ 216.00 < Previous Flexible Budget for: Units Sales Unit Sales of of 10,000 14,000 $2,160,000 $ 3,024,000 24.00 240,000 336,000 44.00 440,000 616,000 280,000 392,000 70,000 160,000 98,000 224,000 68.00 1,190,000 1,666,000 88,000 138,000 88,000 138,000 88,000 138,000 108.000 108,000 78,000 78,000 88,000 88,000 $ 226,000 $ 500,000 $ 500,000 $ 470,000 Required 3 > < Prev 8 of 12 Next > Help Save & Exit Submit View previous attempt Check my work

Chapter 21 Homework i Saved You received partial credit in the previous attempt. 00 8 Exercise 21-3 (Algo) Preparing flexible budgets LO P1 1.25 points 04:49:00 Tempo Company's fixed budget (based on sales of 12,000 units) folllows. Fixed Budget eBook + Hint Ask Print Sales (12,000 units x $216 per unit) Costs Direct materials Direct labor Indirect materials Supervisor salary Sales commissions Shipping Administrative salaries. Depreciation-Office equipment Insurance Office rent Income 1. Compute total variable cost per unit. 2. Compute total fixed costs. 2,592,000 288,000 528,000 336,000 88,000 84,000 192,000 138,000 108,000 78,000 88,000 664,000 3. Prepare a flexible budget at activity levels of 10,000 units and 14,000 units. 5 References Mc Graw Hill Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Prepare flexible budget at activity levels of 10,000 units and 14,000 units. Sales Variable costs Direct materials Direct labor Indirect materials Sales commissions Shipping Total variable costs Contribution margin Fixed costs Supervisor salary Administration salaries Depreciation-Office equipment Insurance Office rent Total fixed costs Income TEMPO COMPANY Flexible Budget Variable Amount per Unit Total Fixed Cost $ 216.00 < Previous Flexible Budget for: Units Sales Unit Sales of of 10,000 14,000 $2,160,000 $ 3,024,000 24.00 240,000 336,000 44.00 440,000 616,000 280,000 392,000 70,000 160,000 98,000 224,000 68.00 1,190,000 1,666,000 88,000 138,000 88,000 138,000 88,000 138,000 108.000 108,000 78,000 78,000 88,000 88,000 $ 226,000 $ 500,000 $ 500,000 $ 470,000 Required 3 > < Prev 8 of 12 Next > Help Save & Exit Submit View previous attempt Check my work

Financial & Managerial Accounting
Financial & Managerial Accounting
14th Edition
ISBN:9781337119207
Author:Carl Warren, James M. Reeve, Jonathan Duchac
Publisher:Carl Warren, James M. Reeve, Jonathan Duchac
Chapter21: Budgeting
Section: Chapter Questions
Problem 21.3APR: Budgeted income statement and supporting budgets The budget director of Feathered Friends Inc., with...
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Chapter 21 Homework i Saved You received partial credit in the previous attempt. 00 8 Exercise 21-3 (Algo) Preparing flexible budgets LO P1 1.25 points 04:49:00 Tempo Company's fixed budget (based on sales of 12,000 units) folllows. Fixed Budget eBook + Hint Ask Print Sales (12,000 units x $216 per unit) Costs Direct materials Direct labor Indirect materials Supervisor salary Sales commissions Shipping Administrative salaries. Depreciation-Office equipment Insurance Office rent Income 1. Compute total variable cost per unit. 2. Compute total fixed costs. 2,592,000 288,000 528,000 336,000 88,000 84,000 192,000 138,000 108,000 78,000 88,000 664,000 3. Prepare a flexible budget at activity levels of 10,000 units and 14,000 units. 5 References Mc Graw Hill Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Prepare flexible budget at activity levels of 10,000 units and 14,000 units. Sales Variable costs Direct materials Direct labor Indirect materials Sales commissions Shipping Total variable costs Contribution margin Fixed costs Supervisor salary Administration salaries Depreciation-Office equipment Insurance Office rent Total fixed costs Income TEMPO COMPANY Flexible Budget Variable Amount per Unit Total Fixed Cost $ 216.00 < Previous Flexible Budget for: Units Sales Unit Sales of of 10,000 14,000 $2,160,000 $ 3,024,000 24.00 240,000 336,000 44.00 440,000 616,000 280,000 392,000 70,000 160,000 98,000 224,000 68.00 1,190,000 1,666,000 88,000 138,000 88,000 138,000 88,000 138,000 108.000 108,000 78,000 78,000 88,000 88,000 $ 226,000 $ 500,000 $ 500,000 $ 470,000 Required 3 > < Prev 8 of 12 Next > Help Save & Exit Submit View previous attempt Check my work
Transcribed Image Text:Chapter 21 Homework i Saved You received partial credit in the previous attempt. 00 8 Exercise 21-3 (Algo) Preparing flexible budgets LO P1 1.25 points 04:49:00 Tempo Company's fixed budget (based on sales of 12,000 units) folllows. Fixed Budget eBook + Hint Ask Print Sales (12,000 units x $216 per unit) Costs Direct materials Direct labor Indirect materials Supervisor salary Sales commissions Shipping Administrative salaries. Depreciation-Office equipment Insurance Office rent Income 1. Compute total variable cost per unit. 2. Compute total fixed costs. 2,592,000 288,000 528,000 336,000 88,000 84,000 192,000 138,000 108,000 78,000 88,000 664,000 3. Prepare a flexible budget at activity levels of 10,000 units and 14,000 units. 5 References Mc Graw Hill Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Prepare flexible budget at activity levels of 10,000 units and 14,000 units. Sales Variable costs Direct materials Direct labor Indirect materials Sales commissions Shipping Total variable costs Contribution margin Fixed costs Supervisor salary Administration salaries Depreciation-Office equipment Insurance Office rent Total fixed costs Income TEMPO COMPANY Flexible Budget Variable Amount per Unit Total Fixed Cost $ 216.00 < Previous Flexible Budget for: Units Sales Unit Sales of of 10,000 14,000 $2,160,000 $ 3,024,000 24.00 240,000 336,000 44.00 440,000 616,000 280,000 392,000 70,000 160,000 98,000 224,000 68.00 1,190,000 1,666,000 88,000 138,000 88,000 138,000 88,000 138,000 108.000 108,000 78,000 78,000 88,000 88,000 $ 226,000 $ 500,000 $ 500,000 $ 470,000 Required 3 > < Prev 8 of 12 Next > Help Save & Exit Submit View previous attempt Check my work
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