S Tempo Company's fixed budget (based on sales of 14,000 units) folllows. Fixed Budget Sales (14,000 units x $214 per unit) Costs Direct materials Direct labor Indirect materials Supervisor salary Sales commissions Shipping Administrative salaries Depreciation-Office equipment Insurance Office rent Income 2,996,000 336,000 588,000 378,000 136,000 126,000 210,000 186,000 156,000 126,000 136,000 618,000 1. Compute total variable cost per unit. 2. Compute total fixed costs. 3. Prepare a flexible budget at activity levels of 12,000 units and 16,000 units. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Prepare a flexible budget at activity levels of 12,000 units and 16,000 units.
S Tempo Company's fixed budget (based on sales of 14,000 units) folllows. Fixed Budget Sales (14,000 units x $214 per unit) Costs Direct materials Direct labor Indirect materials Supervisor salary Sales commissions Shipping Administrative salaries Depreciation-Office equipment Insurance Office rent Income 2,996,000 336,000 588,000 378,000 136,000 126,000 210,000 186,000 156,000 126,000 136,000 618,000 1. Compute total variable cost per unit. 2. Compute total fixed costs. 3. Prepare a flexible budget at activity levels of 12,000 units and 16,000 units. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Prepare a flexible budget at activity levels of 12,000 units and 16,000 units.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Transcribed Image Text:S
Tempo Company's fixed budget (based on sales of 14,000 units) folllows.
Fixed Budget
Sales (14,000 units x $214 per unit)
Costs
Direct materials
Direct labor
Indirect materials
Supervisor salary
Sales commissions
Shipping
Administrative
salaries
Depreciation-Office equipment
Insurance
Office rent
Income
2,996,000
336,000
588,000
378,000
136,000
126,000
210,000
186,000
156,000
126,000
136,000
618,000
1. Compute total variable cost per unit.
2. Compute total fixed costs.
3. Prepare a flexible budget at activity levels of 12,000 units and 16,000 units.
Complete this question by entering your answers in the tabs below.
Required 1 Required 2
Required 3
Prepare a flexible budget at activity levels of 12,000 units and 16,000 units.
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