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Tempo Company's fixed budget (based on sales of 12,000 units) folllows. Fixed Budget Sales (12,000 units x $202 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. 3. Prepare a flexible budget at activity levels of 10,000 units and 14,000 units. Complete this question by entering your answers in the tabs below. Required 1 2,424,000 288,000 504,000 312,000 88,000 96,000 180,000 138,000 108,000 78,000 88,000 544,000 Required 2 Required 3 Variable costs Prepare a flexible budget at activity levels of 10,000 units and 14,000 units. TEMPO COMPANY Flexible Budget Variable Amount per Unit Total Fixed Cost Flexible Budget for: Unit Sales of 14,000 Units Sales of 10,000

Tempo Company's fixed budget (based on sales of 12,000 units) folllows. Fixed Budget Sales (12,000 units x $202 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. 3. Prepare a flexible budget at activity levels of 10,000 units and 14,000 units. Complete this question by entering your answers in the tabs below. Required 1 2,424,000 288,000 504,000 312,000 88,000 96,000 180,000 138,000 108,000 78,000 88,000 544,000 Required 2 Required 3 Variable costs Prepare a flexible budget at activity levels of 10,000 units and 14,000 units. TEMPO COMPANY Flexible Budget Variable Amount per Unit Total Fixed Cost Flexible Budget for: Unit Sales of 14,000 Units Sales of 10,000

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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tes Tempo Company's fixed budget (based on sales of 12,000 units) folllows. Fixed Budget Sales (12,000 units x $202 per unit) Costs Direct materials Direct labor Indirect materials Supervisor salary Sales commissions Shipping Administrative salaries Depreciation Office equipment Insurance Office rent Income Required 11 Required 2 2,424,000 288,000 504,000 312,000 1. Compute total variable cost per unit. 2. Compute total fixed costs. 3. Prepare a flexible budget at activity levels of 10,000 units and 14,000 units. 88,000 96,000 180,000 Complete this question by entering your answers in the tabs below. Required 3 Variable costs 138,000 108,000 78,000 88,000 544,000 Prepare a flexible budget at activity levels of 10,000 units and 14,000 units. TEMPO COMPANY Flexible Budget Variable Amount per Unit Total Fixed Cost Flexible Budget for: Unit Sales of 14,000 Units Sales of 10,000
Transcribed Image Text:tes Tempo Company's fixed budget (based on sales of 12,000 units) folllows. Fixed Budget Sales (12,000 units x $202 per unit) Costs Direct materials Direct labor Indirect materials Supervisor salary Sales commissions Shipping Administrative salaries Depreciation Office equipment Insurance Office rent Income Required 11 Required 2 2,424,000 288,000 504,000 312,000 1. Compute total variable cost per unit. 2. Compute total fixed costs. 3. Prepare a flexible budget at activity levels of 10,000 units and 14,000 units. 88,000 96,000 180,000 Complete this question by entering your answers in the tabs below. Required 3 Variable costs 138,000 108,000 78,000 88,000 544,000 Prepare a flexible budget at activity levels of 10,000 units and 14,000 units. TEMPO COMPANY Flexible Budget Variable Amount per Unit Total Fixed Cost Flexible Budget for: Unit Sales of 14,000 Units Sales of 10,000
ces Required 1 Required 2 Required 3 Prepare a flexible budget at activity levels of 10,000 units and 14,000 units. Variable costs Fixed costs TEMPO COMPANY Flexible Budget Variable Amount Total Fixed per Unit Cost < Required 2 0.00 $ < Prev Units Sales of 10,000 0 $ Flexible Budget for: Unit Sales of 14,000 Required 3 5 of 5 www 0 $ $ Next 0 0
Transcribed Image Text:ces Required 1 Required 2 Required 3 Prepare a flexible budget at activity levels of 10,000 units and 14,000 units. Variable costs Fixed costs TEMPO COMPANY Flexible Budget Variable Amount Total Fixed per Unit Cost < Required 2 0.00 $ < Prev Units Sales of 10,000 0 $ Flexible Budget for: Unit Sales of 14,000 Required 3 5 of 5 www 0 $ $ Next 0 0
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