Sales (7,000 units x $400 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. $ 2,800,000 280,000 490,000 175,000 65,000 140,000 154,000 210,000 35,000 20,000 36,000 1,195,000 3. Prepare a flexible budget at activity levels of 6,000 units and 8,000 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 6,000 units and 8,000 units. Sales Variable costs Direct materials Direct labor Sales commissions Indirect materials Shipping Total variable costs Contribution margin Fixed costs Supervisor salary Administration salaries Depreciation-Office equipment Insurance Office rent Income TEMPO COMPANY Flexible Budget Variable Amount Total Fixed per Unit Cost S 400.00 Flexible Budget for. Units Sales Unit Sales of of 6,000 8,000 $2,400,000 $3,200,000 40.00 240,000 320,000 70.00 420,000 580,000 20.00 120,000 160,000 25.00 150,000 200,000 22.00 132.000 176,000 177.00 $ 223.00 1,062,000 1.416,000 1,338,000 1,784,000 65,000 65,000 65,000 210,000 210,000 210,000 35,000 35,000 35,000 20,000 20,000 20,000 36,000 38,000 36,000 $ 366,000 $ 368,000 $ 366,000 $ 972,000 $1,418,000
Sales (7,000 units x $400 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. $ 2,800,000 280,000 490,000 175,000 65,000 140,000 154,000 210,000 35,000 20,000 36,000 1,195,000 3. Prepare a flexible budget at activity levels of 6,000 units and 8,000 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 6,000 units and 8,000 units. Sales Variable costs Direct materials Direct labor Sales commissions Indirect materials Shipping Total variable costs Contribution margin Fixed costs Supervisor salary Administration salaries Depreciation-Office equipment Insurance Office rent Income TEMPO COMPANY Flexible Budget Variable Amount Total Fixed per Unit Cost S 400.00 Flexible Budget for. Units Sales Unit Sales of of 6,000 8,000 $2,400,000 $3,200,000 40.00 240,000 320,000 70.00 420,000 580,000 20.00 120,000 160,000 25.00 150,000 200,000 22.00 132.000 176,000 177.00 $ 223.00 1,062,000 1.416,000 1,338,000 1,784,000 65,000 65,000 65,000 210,000 210,000 210,000 35,000 35,000 35,000 20,000 20,000 20,000 36,000 38,000 36,000 $ 366,000 $ 368,000 $ 366,000 $ 972,000 $1,418,000
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
Transcribed Image Text:Sales (7,000 units x $400 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.
$ 2,800,000
280,000
490,000
175,000
65,000
140,000
154,000
210,000
35,000
20,000
36,000
1,195,000
3. Prepare a flexible budget at activity levels of 6,000 units and 8,000 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 6,000 units and 8,000 units.
Sales
Variable costs
Direct materials
Direct labor
Sales commissions
Indirect materials
Shipping
Total variable costs
Contribution margin
Fixed costs
Supervisor salary
Administration salaries
Depreciation-Office equipment
Insurance
Office rent
Income
TEMPO COMPANY
Flexible Budget
Variable Amount Total Fixed
per Unit
Cost
S
400.00
Flexible Budget for.
Units Sales Unit Sales of
of 6,000
8,000
$2,400,000 $3,200,000
40.00
240,000
320,000
70.00
420,000
580,000
20.00
120,000
160,000
25.00
150,000
200,000
22.00
132.000
176,000
177.00
$
223.00
1,062,000
1.416,000
1,338,000
1,784,000
65,000
65,000
65,000
210,000
210,000
210,000
35,000
35,000
35,000
20,000
20,000
20,000
36,000
38,000
36,000
$ 366,000 $ 368,000 $ 366,000
$ 972,000 $1,418,000
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